Infographic: Where Prices Fell Most in 2011
by Armando · Filed Under: Infographics
The online real estate market Zillow.com recently compiled its list of the markets that showed the biggest drops in the prices of homes for sale from coast to coast, and they are concentrated in four states.
Perhaps coincidentally, the Interstate 75 corridor cuts through all but two of the cities, as it runs from Florida through Georgia and north to Michigan.
The lowest average listing price on the list was in Lansing, Mich., at $56,600, followed by Macon, Ga., at $57,000. Bakersfield, Calif., had the highest price at $130,300, followed by Gainesville, Ga., $124,500.
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