Friday, February 27, 2004

And, on a national level the National Association of Realtors® reports on January sales

The National Association of Realtors® has reported that:

"Sales of existing single-family homes were down in January from near-record highs but remain exceptionally strong"

Additional statistics reported are:
"The national median existing-home price was $168,700 in January, up 5.4 percent from January 2003 when the median price was $160,000. The median is a typical market price where half of the homes sold for more and half sold for less.

Housing inventory levels declined 4.3 percent at the end of January with 2.20 million existing homes available for sale, which represents a 4.4-month supply at the current sales pace."

To read the complete report on January home sales across the nation, please go here.

No comments: