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Monday, July 9, 2012

U.S. home sales up 20% from last year and the market is even stronger in Beverly Hills & Los Angeles.

Posted by kpanchuk on 7/5/12 at 3:54pm

During the 30-day sales period ending July 5, approximately 211,000 homes were sold in 98 of the top 100 metropolitan statistical areas, research firm DataQuick said Thursday.

Sales overall rose 12% from the same period a year earlier and 10.6% from 2009 levels.

Home prices also went up with the median price hitting $193,000 on July 5, up 6% from a year ago and 4.3% from three years ago.

In a little over a month, the median sales price rose from $186,000 to $193,000.

The DataQuick report analyzes 66.25% of all U.S. home sales, excluding the key markets of Louisville and Wichita.

kpanchuk@housingwire.com

U.S. home sales up 20% from last year and the market is even stronger in Beverly Hills & Los Angeles.

Posted on: Beverly Hills Real Estate-Beverly Hills Homes For Sale

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