America's Best and Worst Housing Markets in 2011

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We recently stumbled upon a list of the best and worst housing markets in the United States for 2011. The rankings were compiled by online real estate marketplace Zillow for the publication Business Week. Although the housing market is still volatile and far from stabilizing, these numbers should provide hope to anyone planning to buy or sell a home in the future.

Consistent with median income rankings and population growth data, the Washington D.C. area and Boston Metro area are big winners in this years rankings. Although Weston, Florida ranked 1st for the best housing market the state of Florida remained typically volatile capturing the 1st, 4th and 5th ranking for the worst housing markets.

Top 5 Best Housing Markets in 2011

RankLocationMetropolitan AreaPercent Increase1Population
1Weston, FLMiami-Ft Lauderdale
15.1%65,333
2Arlington, MABoston
14.8%42,844
3Brookline, MABoston
13.6%58,732
4Burke, VAWashington DC
13.5%41,055
5Vienna, VAWashington DC
12.8%15,687

1Percentage change in home price reflects the period of February 2009 to August 2011.

Top 5 Worst Housing Markets in 2011

RankLocationMetropolitan AreaPercent Increase1Population
1Homestead, FLMiami-Ft Lauderdale
-48.8%60,512
2Pontiac, MIDetroit
-47.4%59,515
3Trenton, NJTrenton
-46%84,913
4Lehigh Acres, FLFort Myers
-42.2%86,784
5Altamonte Springs, FLOrlando
-41.3%41,496

1Percentage change in home price reflects the period of February 2009 to August 2011.

In addition to winning 4th and 5th place, the Washington D.C. area won the most results in the top 25 best housing markets.

  • Herndon, VA - 6th
  • Ashburn, VA - 8th
  • Reston, VA - 9th
  • Chantilly, VA - 11th
  • McLean, VA - 13th
  • Sterling, VA - 19th
  • Leesburg, VA - 24th

Check out the complete Top 25 Best and Worst Housing Markets published by Business Week.