According to the Washington Center for Real Estate Research at Washington State University, in the fourth quarter of last year, 2009, home sale shot up 21.3 percent. When compared to the fourth quarter home sales in 2008 this is a big improvement, up 46 percent. The median home sale price is still down though; in 2009 the median home sale price in the last quarter was $244,000 which is 8.5 percent lower than what it was in 2008. Over the whole year the median sale price was $250,700 which is down 11.8 percent compared to 2008.
Posted by Colleen Lane on
But is the homes sale date inclusive of the REO homes for sale, as well as foreclosures and short sales or is it merely retail home sales?
Posted by Eddie Katz on Saturday, February 13th, 2010 at 6:25amLeave A Comment