Pilar Tobias

Tobias Realty

110 N San Joaquin St. 2nd Floor
Stockton, CA 95202


Cell: 209-874-6762   
Phone: 209-565-0597 

Housing Trends

October 2012

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National market update

September Existing-Home Sales Down but Prices Continue to Improve

WASHINGTON (October 19, 2012) - September existing-home sales declined modestly, but inventory continued to tighten and the national median home price recorded its seventh back-to-back monthly increase from a year earlier, according to the National Association of Realtors®. More...


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National housing indicators

Existing home sales ()

4.76 million units*

Existing home median price ()

$183,900

Housing Starts ()

872,000 units*

New home sales ()

389,00 units*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

2nd Qtr 12

65.5%

2nd Qtr 11

65.9%

The homeownership rate in the second quarter 2012 (65.5 percent) was lower than the second quarter 2011 rate (65.9 percent). The homeownership rate in the South was lower than the corresponding second quarter 2011 rate, while the rates in the Northeast, Midwest, and West were not statistically different.

New home sales

Sept 12

+5.7%

Aug 12

-1.3%

Sales of new single-family houses in September 2012 were at a seasonally adjusted annual rate of 389,000. This is 5.7 percent (+/- 14.8%)* above the revised August 2012 estimate of 368,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Pilar Tobias

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Existing Home Statistics

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