Weekly Home Sales Volume Flat, Prices Drop
  Weekly Home Sales Volume Flat, Prices Drop
  Weekly Home Sales Volume Flat, Prices Drop
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October 25, 2011 (Chris Moore)

Weekly home sales volume remained flat from last week while home prices fell for the second straight week according to the National Home Sales Snapshot released by DataQuick.

The number of homes sold over the previous thirty day period ending October 20 was 175,664 properties, down 0.1 percent from the previous week’s total of 175,863 properties sold.

Last week’s home sales volume was still 6.2 percent higher than the 165,406 homes sold during same period a year ago but was down 12.4 percent from the same period three years ago when 200,542 homes were sold.

The median price of a home sold over the previous thirty day period ending October 20 decreased 1.0 percent to $180,000 from $181,800 the previous week.

Home prices were 5.3 percent lower than the same period a year ago when the median price of a home was $190,000 and were down 17.6 percent from the same period three years ago when the median price was $218,400.

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

weeekly volume and prices 10-25-11

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

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Mortgage
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Estimate your monthly payment for purchase or refinance
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Calculator

Determine how much car you can afford before buying
Learn About
Mortgage Loans

Learn about the different types of home loans
15 Year vs 30 Year
Loan Comparison

Compare 15 year and 30 year mortgage loan payments
Today's Mortgage
Rates

See today's mortgage rates. Shop, compare and save.

October 25, 2011 (Chris Moore)

Weekly home sales volume remained flat from last week while home prices fell for the second straight week according to the National Home Sales Snapshot released by DataQuick.

The number of homes sold over the previous thirty day period ending October 20 was 175,664 properties, down 0.1 percent from the previous week’s total of 175,863 properties sold.

Last week’s home sales volume was still 6.2 percent higher than the 165,406 homes sold during same period a year ago but was down 12.4 percent from the same period three years ago when 200,542 homes were sold.

The median price of a home sold over the previous thirty day period ending October 20 decreased 1.0 percent to $180,000 from $181,800 the previous week.

Home prices were 5.3 percent lower than the same period a year ago when the median price of a home was $190,000 and were down 17.6 percent from the same period three years ago when the median price was $218,400.

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

weeekly volume and prices 10-25-11

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

Get A Rate That Works
Purchase or Refinance
100% Free - No Obligation
Fast and Easy
No SSN or Credit Check
The Savings Start Here
Helpful Tools

October 25, 2011 (Chris Moore)

Weekly home sales volume remained flat from last week while home prices fell for the second straight week according to the National Home Sales Snapshot released by DataQuick.

The number of homes sold over the previous thirty day period ending October 20 was 175,664 properties, down 0.1 percent from the previous week’s total of 175,863 properties sold.

Last week’s home sales volume was still 6.2 percent higher than the 165,406 homes sold during same period a year ago but was down 12.4 percent from the same period three years ago when 200,542 homes were sold.

The median price of a home sold over the previous thirty day period ending October 20 decreased 1.0 percent to $180,000 from $181,800 the previous week.

Home prices were 5.3 percent lower than the same period a year ago when the median price of a home was $190,000 and were down 17.6 percent from the same period three years ago when the median price was $218,400.

Over the last five years, median home prices nationwide have ranged from a high of $275,000 to a low of $170,000.

Sales volume for a thirty day period within the last five years has ranged from a high of 339,669 properties sold to a low of 119,636.

The National Home Sales Snapshot includes 98 out of the top 100 metropolitan statistical areas covering 66.25 percent of U.S. home sales.

weeekly volume and prices 10-25-11

Tags: DataQuick, home sales, median home price, sales volume

Source:
DataQuick

Get A Rate That Works
Purchase or Refinance
100% Free - No Obligation
Fast and Easy
No SSN or Credit Check
The Savings Start Here