Seattle's housing market well above pre-recession

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Real Estate

Like the rest of real estate, recovery from the Great Recession has been all about location, location, location.

A decade after the housing market collapse, median home values nationwide are about 8.7 percent above what they were at the bubble's peak, according to a recent report from Zillow. In all, home values in 21 metros across the 35 largest U.S. markets are higher than their pre-recession peaks.

But how that average looks more locally can drastically vary.

San Jose — the leader according to Zillow's study — had a 74 percent higher median home value than at the height of the bubble, and more than double its post-crash low. Denver followed with a 66 percent increase from the bubble's peak.

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