Marketplace and Quality Assurance Presentation - Vincent Chirchir
Summary of OCTOBER 2010 Existing Home Sales Statistics
1. Summary of OCTOBER 2010
Existing Home Sales Statistics
NATIONAL ASSOCIATION OF REALTORS®
RESEARCH
2. Summary of OCTOBER 2010 Existing Home Sales Statistics
3,000,000
3,500,000
4,000,000
4,500,000
5,000,000
5,500,000
6,000,000
6,500,000
7,000,000 2006.10
2006.12
2007.02
2007.04
2007.06
2007.08
2007.10
2007.12
2008.02
2008.04
2008.06
2008.08
2008.10
2008.12
2009.02
2009.04
2009.06
2009.08
2009.10
2009.12
2010.02
2010.04
2010.06
2010.08
2010.10
Total Existing Home Sales, Annualized
October Sales Decreased 25.9 Percent Year-Over-Year
EHS Total Sales
3. Summary of OCTOBER 2010 Existing Home Sales Statistics
$100,000
$120,000
$140,000
$160,000
$180,000
$200,000
$220,000
$240,000
$260,000
$280,000
$300,000 2006.10
2006.12
2007.02
2007.04
2007.06
2007.08
2007.10
2007.12
2008.02
2008.04
2008.06
2008.08
2008.10
2008.12
2009.02
2009.04
2009.06
2009.08
2009.10
2009.12
2010.02
2010.04
2010.06
2010.08
2010.10
Median Price of Existing Home Sales
October Price Decreased 0.9 Percent Year-Over-Year
EHS Median Price
4. Summary of OCTOBER 2010 Existing Home Sales Statistics
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
2009.10
2009.11
2009.12
2010.01
2010.02
2010.03
2010.04
2010.05
2010.06
2010.07
2010.08
2010.09
2010.10
Existing Home Sales Median Price,
Percent Change Year-Over-Year
5. Summary of OCTOBER 2010 Existing Home Sales Statistics
-30.0%
-20.0%
-10.0%
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
2009.10
2009.11
2009.12
2010.01
2010.02
2010.03
2010.04
2010.05
2010.06
2010.07
2010.08
2010.09
2010.10
Total Existing Home Sales,
Percent Change Year-Over-Year
6. Summary of OCTOBER 2010 Existing Home Sales Statistics
100,000
600,000
1,100,000
1,600,000
2,100,000
2,600,000
Total Existing Home Sales Annualized by Region
NE: Down 27.2% Year-Over-Year MW: Down 32.4% Year-Over-Year
S: Down 24.0% Year-Over-Year W: Down 21.4% Year-Over-Year
Northeast Midwest South West
7. Summary of OCTOBER 2010 Existing Home Sales Statistics
5.0
7.0
9.0
11.0
13.0
15.0
17.0
19.0
Housing Supply at the National Level
National: Up 45.8% Year-Over-Year
Single-family: Up 48.5% Year-Over-Year
Condo/Co-ops: Up 52.3% Year-Over-Year
National Mos. Supply Single-family Mos. Supply Condo/Co-ops Mos. Supply
8. Summary of OCTOBER 2010 Existing Home Sales Statistics
$0-100K
24%
$100-250K
44%
$250-500K
22%
$500-750K
6%
$750-1M
2%
$1M+
2%
Sales by Price Range
9. Summary of OCTOBER 2010 Existing Home Sales Statistics
-20.1%
-34.7%
-25.3%
-17.5% -17.1%
-1.7%
-40.0%
-35.0%
-30.0%
-25.0%
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
$0-100K $100-250K $250-500K $500-750K $750K-1M $1M+
Percent Change in Sales
From a Year Ago by Price Range