Housing price drops, Washington region

Housing price drops, Washington region
Originally uploaded by rllayman

From "The Unraveling of the Suburban Fringe" in Business Week. The article posits the slight jump in the 40 mile band to crossover with Baltimore and says that Prince William County has a 32% drop in median home prices.

From the article:

Annual price changes in most of the largest metro areas, including New York, Los Angeles, Chicago, Miami, San Francisco, Seattle, Baltimore, Washington D.C., and Philadelphia, followed a similar pattern: Values were most stable within a 10-mile radius of the center of the city, but generally worsened with each successive radius ring as far as 50 miles from the center of the city.

The piece has similar diagrams for the major metropolitan areas across the country.