home price index

Home Price Update For August

Combined with the expertise of your Bigtown REALTOR®, the MLS® Home Price Index (HPI) is a helpful tool to learn what’s happening in home prices to help buyers, sellers and investors make an informed decision. The MLS® HPI takes into consideration what averages and medians do not – items such as lot size, age, and number of rooms. These features become the composite of the ‘typical house’ in a given area.

Click on the following links to find out the HPI for detached homes, townhomes and apartments for these, and many more, communities. Continue reading