Can I Use The Price Per Square Foot For Home Values?

WASHINGTON, D.C. – Sixty-one percent of U.S. adults predict housing prices in their local area will increase in the next 12 months, up from 55% a year ago and the highest Gallup has measured since 2005. The median home value in the area rose 4.5 percent to $175,200 in February, according to the February Zillow Real Estate Market Reports. In Green Valley Ranch, the company projected a decline of 32.7 percent, but in the trendier Sunnyside neighborhood, house values went up 15.6 percent.

We’re looking to buy but are obviously concerned that prices have (a lot?) more to fall in this area. For verification of Print Subscriber offers (e.g. epaper, Digital Access, Subscriber Rewards), please input your Print Newspaper subscription phone number and postal code.home values

Our survey tracks $1-million-plus single-family houses in ZIP Codes with a high percentage of second-home residences, and we rank the 20 resorts according to our …