(The Hill) -- A new study analyzing Zillow data has found that the monthly median sale price of a house last year was over $500,000 in Utah, California and Colorado — and over a staggering $800,000 in Hawaii.
The study, conducted by Studio City realtors, found that Hawaii clocked in as the most expensive state in the U.S. for homebuyers. On the island, the average home price was a staggering $805,775 — hundreds of thousands of dollars more than the cheapest state on the list.
Studio City realtor Tony Mariotti noted that market turbulence has contributed to a “significant increase” in house prices across the U.S.
Home prices went up nationwide in February after months of declines, amid low inventory and a small uptick in demand, and experts have said they Read Entire Article