Location, Location, Location: Just How Important Is This Phrase?

2015 Home Listing Report ranks the most expensive and affordable markets across the country

Ever wonder what your home might be worth if it was located in a different part of the country? Well, you can easily find out now with the latest Coldwell Banker Home Listing Report.

The annual report, which was released in November, ranks the average listing price of four-bedroom, two-bathroom homes in more than 2,700 markets across the country, making it easier for consumers to determine what areas in the U.S. they can afford to live in. This year, Newport Beach, California topped the list of most expensive markets where the average listing price is $2,291,764. On the opposite end of the spectrum, Cleveland, Ohio ranked as the most affordable market, with an average listing price of $74,502 – a price difference of $2.2 million when compared to Newport Beach.

In the below segment of LXTV Open House, Coldwell Banker President and Chief Executive Officer Budge Huskey discusses this year’s report, including the top expensive and affordable markets. Watch the video to find out more or visit hlr.coldwellbanker.com to see how your market stacks up against the rest!

Senior Manager, Public Relations for Coldwell Banker Real Estate LLC. Grew up in south Florida as an avid Seminole fan and attended college in the mountains of North Carolina. Athena wanted to wake up in that city that doesn’t sleep so headed to Madison Avenue to start her marketing career. Athena has worked for Coldwell Banker for 13 years where she can be found generating buzz about this awesome brand in every way possible. On any given day, she can be found crunching numbers to searching for amazing Coldwell Banker properties to serve up to the media for features. In her spare time, you can find her either digging up a new area in her yard for another flower bed or scouring Etsy for that next amazing handcrafted gem. She resides with the Bukowski of our generation (AKA her husband), two cats and a fish in Atlanta, Ga.

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