Tuesday, September 17, 2013

ZipRealty Analyzes 10 Booming Real Estate Markets with the Best Public Schools


Sacramento, CA night skyline

EMERYVILLE, CA, Sept. 17, 2013 /PRNewswire/ -- ZipRealty, Inc. (http://www.ziprealty.com) (NASDAQ: ZIPR), the nation's most prominent online technology-powered real estate brokerage firm and real estate marketing solutions provider, has released a list of the top 10 "booming" real estate markets with the best public schools.

San Francisco skyline
These metro areas are leaders in median home price growth as of mid-August 2013.

 The public schools were selected because of their high School Score − a proprietary measure of the performance of each school district on a scale of 1 to 10, with 10 being the highest – found exclusively on ZipRealty.com.

Lanny Baker
Home buyers who are focused on moving to a specific school district can begin their search for a home on ZipRealty.com simply by entering that school district's name in the search bar.

Additionally, users will find a School Score on every listing on ZipRealty.com. "Home values and school scores are always going to be linked," says ZipRealty President and CEO Lanny Baker. "In order to give our users the most complete picture of a home's value, we provide a School Score − which is calculated based on test-score data as well as student/teacher ratios − for every home listing on ZipRealty.com." 

1. Sacramento home prices increased 40% year-over-year to $245,000.
Highest-Rated Public School
1) Rocklin Unified School District/School Score 8.5

Las Vegas Strip Skyline
2. San Francisco Bay Area home prices increased 36% year-over-year to $585,000.
Highest-Rated Public School
1) Piedmont Unified School District/School Score 9.5

3. Las Vegas home prices increased 36% year-over-year to $165,000.
Highest-Rated Public School
1) Clark County School District/School Score 5.5

4. Los Angeles home prices increased 31% year-over-year to $350,000.
Highest-Rated Public Schools
1) Manhattan Beach Unified School District/School Score 9.6
2) San Marino Unified School District/School Score 9.6

Downtown Orlando skyline
5. Orlando home prices increased 26% year-over-year to $144,900.
Highest-Rated Public School
1) Seminole County Public School District/School Score 7.8

6. Phoenix home prices increased 25% year-over-year to $188,000.
Highest-Rated Public School
1) Cave Creek Unified School District 93/School Score 8.0

7. San Diego home prices increased 25% year-over-year to $429,000.
Highest-Rated Public School
1) Coronado Unified School District/School Score 8.6

Orange County, CA skyline
8. Orange County, CA home prices increased 22% year-over-year to $531,500.
Highest-Rated Public School
1) Irvine Unified School District/School Score 9.2

9. Chicago home prices increased 19%year-over-year to $202,000.
Highest-Rated Public School
1) Geneva Community Unit School District 304/School Score 9.4

10. Portland home prices increased 14% year-over-year to $270,000.
Highest-Rated Public School
1) Lake Oswego School District 7J/School Score 9.6

For a full copy of the report, including specific metro-level housing metrics, contact

Stacey Corso
510.735.2667

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