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