1. Boston-Cambridge-Quincy , MA -NH** : $413,300 down 1.9%
2. San Francisco-Oakland-Fremont , CA : $846,800 up 7.6%
3. New York-Northern New Jersey-Long Island, NY-NJ-PA : $482,300 up 1.7%
4. Seattle-Tacoma-Bellevue , WA : $395,300 up 8.9%
5. Chicago-Naperville-Joliet , IL $283,200 up 1.7%
6. Denver -Aurora, CO $255,300 0.0%
7. Phoenix-Mesa-Scottsdale , AZ : $264,800 -2.7%
8. Atlanta-Sandy Springs-Marietta, GA $175,500 up 0.9%
9. Salt Lake City : $233,100 up 21.9%
10. Raleigh-Cary , NC : $225,100 up 8.4%
11. Dallas-Fort Worth-Arlington, TX : $156,500 up 1.7%
12. Austin-Round Rock, TX $186,600 up 5.6%

The Austin real estate market still has affordability. And there is plenty of room for the savvy real estate investor to acquire an affordable property while the affordability is still in this market.

The entire metro-plex may have appreciated 5.6% but there are pockets of Austin where the median price of homes have risen in excess of 10%.