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Altos Reseach conducted a study looking at every city in the country with at least 100 homes on the market and put together a top 10 list of cities with higher prices compared to last year.

And University City made the list!

Realtor Magazine reposted the list that was originally reported in Forbes Magzine:

1. Lexington, Mass., +36 percent
2. Bay Village, Ohio, +32 percent
3. Sunnyvale, Calif., +32 percent
4. Poway, Calif., +27 percent
5. University City, Mo., +28 percent
6. Ambler, Pa., +26 percent
7. Allison Park, Pa. , +25 percent
8. New Braunfels, Texas, +25 percent
9. Kemp, Texas, +24 percent
10. Arcadia, Calif., +24 percent

Of course, this doesn’t mean that University City homes have appreciated 28%. More likely, it means that the glutt of every low priced foreclosures are easing, and buyers are feeling more comfortable buying more expensive homes.

Still, this is great news for University City and home values for residents!

See a list of homes sales in University City during 2009 and 2010 by subdivision to see for yourself how your subdivision is doing.

Possibly related posts:

1. Who are the Top Real Estate Agents in University City?
2. What is the Appreciation Rate of University City Homes?
3. What is the Appreciation Rate of University City Condos?
4. University City, MO Year-End Housing Market Report (2010)