Nationally, median home prices gained 8.8 percent in the fourth quarter, versus the same period in 2003, according to a National Association of Realtors (NAR) report.

The median price was $187,500, which means that half the homes tracked cost more and half cost less. Of the 129 markets tracked, 62 areas had growth of more than 10 percent.

Over the past 12 months, Las Vegas home values showed the biggest gains. The median price of an existing single-family home in and around Sin City were up 47.3 percent. In Riverside and San Bernardino counties near Los Angeles prices were up 34.7 percent.

Six of the top-performing markets are in Florida, with West Palm Beach and Boca Raton up 34 percent.

Not all markets have seen these kinds of gains. In nearly 17 metro areas, prices inched up less than 3 percent. In four metros, prices declined.

The NAR report for the fourth quarter was released on Feb. 15; first-quarter results are due on May 12.

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Metro Area State PercentChange Median Price

Las Vegas NV 47.3% $281,400

Riverside-San Bernadino CA 34.7% $322,400

West Palm Beach-Boca Raton FL 34.0% $338,800

Bradenton FL 32.0% $245,700

Sacramento CA 31.5% $343,800

Melbourne-Titusville-Palm Bay FL 30.5% $172,200

Washington DC 26.9% $370,800

Ocala FL 26.8% $114,100

Ft. Myers-Cape Coral-Punta Gorda FL 26.5% $198,000

Sarasota FL 25.8% $279,500

Ft. Lauderdale-Hollywood-Pompano Beach FL 25.6% $296,800

Miami-Hialeah Still increasing FL 25.5% $297,200

Reno NV 25.5% $286,200

San Diego CA 24.8% $569,900

Spokane WA 24.4% $152,700

Los Angeles-Long Beach CA 23.7% $470,900

Honolulu HI 22.8% $490,000

Orlando FL 21.7% $184,400

Norfolk Va. Beach-Newport News VA 21.1% $167,700

Daytona Beach FL 19.6% $162,600

Pensacola FL 19.2% $139,600

Anaheim-Santa Ana CA 19.1% $627,500

Atlantic City, NJ NJ 18.9% $216,500

Tucson AZ 18.5% $185,300

Phoenix AZ 17.9% $180,200

Jackson MS 17.5% $123,600

Wilmington DE-NJ-MD 17.3% $192,500

New Haven-Meriden CT 16.5% $264,600

Monmouth-Ocean Counties NJ 16.5% $338,400

Albany-Schenectady-Troy NY 16.0% $168,600

Tacoma WA 15.9% $211,700

Jacksonville FL 15.7% $153,700

Philadelphia PA-NJ 15.6% $187,900

Nassau-Suffolk NY 15.2% $431,900

Middlesex-Somerset-Hunterdon NJ 15.0% $358,200

Newark NJ 14.9% $369,500

Albuquerque NM 14.8% $155,800

Eugene-Springfield OR 14.7% $174,100

Tampa-St.Petersburg-Clearwater FL 14.6% $168,500

Providence RI 14.5% $275,600

Bergen-Passaic NJ 14.4% $423,500

San Francisco CA 14.3% $656,700

Baltimore MD 14.0% $248,400

Shreveport LA 13.8% $115,500

New York-North NJ-Long Island NY 13.8% $403,600

Portland OR 13.7% $218,700

Waterloo/Cedar Falls IA 13.2% $97,900

Buffalo-Niagara Falls NY 13.1% $94,800

Springfield MO 12.4% $109,100

Richmond-Petersburg VA 12.4% $176,200

Trenton NJ 12.1% $229,400

Tallahassee FL 12.0% $156,300

Corpus Christi TX 11.5% $114,500

Biloxi-Gulfport MS 11.3% $117,300

Milwaukee WI 11.3% $199,300

Birmingham AL 10.8% $149,700

Oklahoma City OK 10.8% $109,700

Hartford CT 10.7% $232,800

Springfield MA 10.7% $171,200

New Orleans LA 10.5% $140,300

Aurora-Elgin IL 10.3% $221,000

Fargo ND 10.0% $128,000

Boston MA 9.4% $387,800

Topeka KS 9.3% $99,100

Portland ME 9.3% $236,600

Saint Louis MO-IL 9.3% $129,100

Worcester MA 9.2% $276,500

Toledo OH 8.8% $112,400

Davenport/Moline/Rock Island IA-IL 8.4% $104,400

Seattle WA 8.4% $299,800

Rockford IL 8.3% $125,800

Kalamazoo MI 8.2% $126,200

Chattanooga TN-GA 7.7% $126,400

Knoxville TN 7.5% $135,200

Cedar Rapids IA 7.4% $133,400

Lansing-E.Lansing MI 7.2% $140,700

Nashville TN 7.2% $148,700

Tulsa OK 7.1% $118,100

Green Bay WI 6.9% $144,700

Rochester NY 6.8% $106,200

Amarillo TX 6.7% $100,400

Syracuse NY 6.6% $98,600

Des Moines IA 6.5% $141,600

Champaign IL 6.5% $119,700

Charleston SC 6.5% $180,400

Salt Lake City-Ogden UT 6.5% $159,700

Montgomery AL 6.3% $119,000

Madison WI 6.3% $210,800

Pittsburgh PA 6.1% $107,600

Wichita KS 6.0% $105,500

Lexington-Fayette KY-IN 6.0% $143,500

San Antonio TX 6.0% $122,500

Baton Rouge LA 5.6% $128,200

Columbia SC 5.6% $127,000

Raleigh-Durham NC 5.5% $185,600

Little Rock-N. Little Rock AR 5.3% $108,000

Springfield IL 5.2% $93,600

Ft. Wayne, IN IN 5.1% $94,900

Akron OH 5.0% $117,200

Sioux Falls SD 4.9% $127,300

Dayton-Springfield OH 4.8% $113,800

Gary-Hammond IN 4.7% $125,800

Kansas City MO-KS 4.7% $149,300

Lake County IL 4.5% $258,700

Richland/Kennewick/Pasco WA 4.3% $148,500

Colordo Springs CO 4.2% $192,300

Minneapolis-St. Paul MN-WI 4.2% $220,600

Greensboro/Winston-Salem/High Point NC 3.8% $140,300

Columbus OH 3.4% $143,400

Atlanta GA 3.1% $157,700

Peoria IL 3.1% $95,200

Grand Rapids MI 3.0% $132,100

Chicago IL 2.7% $242,600

Cincinnati OH-KY-IN 2.7% $143,000

Memphis TN-AR-MS 2.4% $134,800

Houston TX 2.0% $135,500

South Bend-Mishawaka IN 1.8% $96,400

Denver CO 1.7% $237,100

Dallas TX 1.6% $137,300

Appleton WI 1.6% $123,300

El Paso TX 1.5% $96,100

Louisville KY-IN 1.1% $131,800

Greenville-Spartanburg SC 0.9% $129,000

Lincoln NE 0.8% $133,100

Mobile AL 0.6% $126,900

Beaumont TX -1.3% $87,800

Austin/San Marcos TX -2.1% $151,300

Indianapolis IN -3.9% $113,400

Charleston WV -4.2% $107,200

Cleveland OH NA $137,500

Metro Area State PercentChange Median Price

Pre-Construction Deals