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Bobby Lehmkuhl & Danielle Dutcher's Blog

By Bobby LehmKuhl | Broker in 90265

NAR median home prices on existing homes fell in 3Q

Median prices of home sales fell in most of the metropolian areas surveyed by the NAR in the 3rd quarter. 

Existing hme sales are 17% above last yera wich was over 4 million. Total existing home sales fel to just below 5 million in the 3rd quarter. 

Compared to a year earlier, every state and the District of Columbia saw sales rise from 2010 levels with 45 states posting double-digit gains.

The national median existing single-family home price hit $169,500 in the third quarter. That is down 4.7% from $177,800 in the third quarter of 2010.


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