summary of september 2010 existing home sales statistics

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Summary of SEPTEMBER 2010 Existing Home Sales Statistics NATIONAL ASSOCIATION OF REALTORS® RESEARCH

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Summary of SEPTEMBER 2010Existing Home Sales Statistics

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Page 1: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

NATIONAL ASSOCIATION OF REALTORS®

RESEARCH

Page 2: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

3,000,000

3,500,000

4,000,000

4,500,000

5,000,000

5,500,000

6,000,000

6,500,000

7,000,000

20

06

.09

20

06

.11

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07

.01

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07

.03

20

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.05

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.07

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.09

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.11

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.01

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.07

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.01

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.01

20

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.03

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.05

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.07

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10

.09

Total Existing Home Sales, Annualized September Sales Decreased 19.1 Percent Year-Over-Year

EHS Total Sales

Page 3: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

$100,000

$120,000

$140,000

$160,000

$180,000

$200,000

$220,000

$240,000

$260,000

$280,000

$300,000

20

06

.09

20

06

.11

20

07

.01

20

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.03

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.05

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.07

20

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.01

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.07

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.11

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.01

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.09

20

09

.11

20

10

.01

20

10

.03

20

10

.05

20

10

.07

20

10

.09

Median Price of Existing Home Sales September Price Decreased 2.4 Percent Year-Over-Year

EHS Median Price

Page 4: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

20

09

.09

20

09

.10

20

09

.11

20

09

.12

20

10

.01

20

10

.02

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.03

20

10

.04

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.07

20

10

.08

20

10

.09

Existing Home Sales Median Price, Percent Change Year-Over-Year

Page 5: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

-30.0%

-20.0%

-10.0%

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

20

09

.09

20

09

.10

20

09

.11

20

09

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10

.01

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10

.02

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.07

20

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.08

20

10

.09

Total Existing Home Sales, Percent Change Year-Over-Year

Page 6: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

100,000

600,000

1,100,000

1,600,000

2,100,000

2,600,000

Total Existing Home Sales Annualized by Region NE: Down 20.8% Year-Over-Year MW: Down 26.4% Year-Over-Year S: Down 14.9% Year-Over-Year W: Down 16.7% Year-Over-Year

Northeast Midwest South West

Page 7: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

5.0

7.0

9.0

11.0

13.0

15.0

17.0

19.0

Housing Supply at the National Level National: Up 33.8% Year-Over-Year

Single-family: Up 34.2% Year-Over-Year Condo/Co-ops: Up 27.3% Year-Over-Year

National Mos. Supply Single-family Mos. Supply Condo/Co-ops Mos. Supply

Page 8: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

$0-100K 24%

$100-250K 44%

$250-500K 23%

$500-750K 6%

$750-1M 2%

$1M+ 1%

Sales by Price Range

Page 9: Summary of SEPTEMBER 2010 Existing Home Sales Statistics

Summary of SEPTEMBER 2010 Existing Home Sales Statistics

-9.5%

-24.9%

-15.3% -15.8%

-2.0%

0.4%

-30.0%

-25.0%

-20.0%

-15.0%

-10.0%

-5.0%

0.0%

5.0%

$0-100K $100-250K $250-500K $500-750K $750K-1M $1M+

Percent Change in Sales From a Year Ago by Price Range