Real Estate Sales Rise in 49 States in Quarter 4 2010

Posted On: Thursday, February 10, 2011 - 2:17pm | Posted By: Rob Rogers

According to a National Association of REALTORS® report released yesterday, existing home sales in the U.S. rose 15.4% in the fourth quarter from the 3rd quarter in 2010.  That is, however, a significant drop in the number of sales in Q4 2009, which was a bang up sales quarter. This may have been assisted by the homebuyer tax credit offered during that period of time. 

The national median existing single family home price was essentially flat in 2010 compared to the same quarter in 2009.  In San Francisco, we have seen a small increase in median sales price.  Shockingly, Akron Ohio, my home town, led the charge with a 16.8% increase in median price.  Perhaps that was because prices were so very ridiculously low there! http://www.inman.com/news/2011/02/10/real-estate-sales-rise-in-49-states-in-q4

Rob Rogers

During his 20 years in the real estate industry, Rob has successfully negotiated nearly 1,000 transactions, earning top Producer status year after yea