Results show that 60 of the top 200 midsize markets have fully recovered their loss in home prices

The December Local Market Index, recently released by Homes.com, is a price performance summary of repeat sales of U.S. properties.

Utilizing home pricing data, the Index shows year-over-year gains for single-family properties in all 300 top U.S. Markets.

The latest Homes.com Local Market Index reports the following:

• Year-over-year increases in all top 300 markets.
• Monthly increases in 82 of the top 100 markets and in 167 of the 200 midsized markets.
• Los Angeles, California is the top gaining market on a year-over-year basis, with a 27.48 index point or 16.74 percent increase.
• Honolulu, Hawaii is the number two gaining market on a year-over-year basis, with a 26.21 index point gain for the top 100.
• California markets [San Diego-Carlsbad-San Marcos, Calif.; San Francisco-Oakland-Fremont, Calif.; Bakersfield-Delano, Calif.] are the remaining 3 in the top 5. Year-over-year, they increased 25.89, 24.97, and 20.65 index points, respectively for the top 100.
Highlights from the Homes.com Rebound Report for the top 300 markets show:
• 89 markets have made a 100 percent rebound, indicating a complete recovery. This is an increase from 87 markets in the previous reporting period.
• The most recent fully recovered markets are Greensboro-High Point, NC (103.4 percent) and Greeley, CO (102.86 percent).
• The percentage of recovered midsize markets is slightly ahead of the top 100 markets. Out of the 89 markets achieving more than 100 percent rebound this month, 60 or 30 percent are midsize and 29 or 29 percent are top 100.
• Dominating the top 100 rebound markets, the South, with 15, includes markets with energy-based economies in Texas and Oklahoma.

Read more.