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Lansner on Real Estate ~ The latest news about the housing market from Orange County Register columnist Jon Lansner.

Pac 10 has priciest college-town housing

November 6th, 2009, 2:00 am · 11 Comments · posted by Jon Lansner

Akron vs. Ohio

Coldwell Banker Real Estate every fall has a little fun with the real estate data, digging into the numbers to create its “College Home Price Comparison Index” to track comparative house-buying costs in various college towns in big-time football leagues. Benchmark residence for the study is a single-family, 2,200 square-foot house with four bedrooms, two and one-half baths.

The Pac 10 conference — home to USC and UCLA football — had the priciest housing. Here’s the rankings, sliced by the major conferences, based on the average selling price this year …

  1. Mid American: $182,322
  2. Conference USA: $210,882
  3. SEC: $222,479
  4. Big East: $237,366
  5. Sun Belt: $242,213
  6. Big 12: $244,431
  7. Mountain West: $251,876
  8. Big 10: $279,787
  9. WAC: $356,528
  10. ACC: $378,062
  11. Independent: $411,444
  12. Pac 10: $747,180

Other findings …

  • Cheapest college town? Akron, Ohio (U. of Akron) with a typical cost of target home was $121,885.
  • Priciest? Palo Alto (Stanford U.) at $1.49 million.
  • 2nd priciest? LA (UCLA and USC) at $1.35 million.

Real estate trends:

Posted in: Home prices
 
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