March home prices decline in metro area

CoreLogic reported the five states with the highest appreciation were: Wyoming, up 5.9 percent; West Virginia, up 5.3 percent; Arizona, up 5.1 percent; North Dakota, up 4.7 percent; and Florida, up 4.5 percent for all sales including distressed properties.

The five with the highest depreciation were: Delaware, down 10.6 percent; Illinois, down 8.3 percent; Alabama, down 8 percent; Georgia, down 7.3 percent; and Nevada, down 5.8 percent.

In Clark County, the median price of all homes — half sold for more, half for less — was $176,000 in March, down 5.6 percent from the median of $186,400 the same month last year, according to Portland-based RMLS listing service. The decline was not as dramatic as in February when the year-over-year median price fell 13.2 percent to $165,000, down from $190,000 in February 2011.