The average asking price for a home with five or more bedrooms is now £547,500 - up by 23% on a year ago.
Smaller properties have seen much smaller increases in price - just 3% for a four-bed home, and 5% for two bedrooms.
The figures have been produced by a network of independent estate agents.
Homes to be built on former Exeter driving range
More than 50 houses planned
Extra staff to improve adult response times
Two-day target only hit in one in every 10
Guns seized in drugs crackdown
112 people arrested in police operation
South West could lead next generation aerospace
Spaceport Cornwall shortlisted
Plans for 65 Exeter homes rejected
Houses would have been visible across city
New plan for Paignton’s Crossways centre likely
'It will help support the local community'
