Average home sale price virtually unchanged in third quarter

**jasonthoele** · 11-28-2009, 12:42 PM

Average home sale price virtually unchanged in third quarter. A survey of the nation's 32 largest metro areas shows a slight 0.3% increase from the same period a year ago, though some markets experience double-digit shifts.

http://www.latimes.com/classified/re...Estate+News%29

**PreviewOrangeCounty** · 11-29-2009, 11:48 PM

Keep in mind that is year over year comparisons. The market was down quite considerably in the beginning of 09 meaning prices have rebounded in the 2nd half of the year. Hope I am reading that correctly

**Grace Pollock** · 12-22-2009, 05:35 AM

It is a very great and valuable information and it helps that investors to be vigilant and check out the market conditions before putting an investment...

**Bones** · 01-02-2010, 05:05 PM

Sales volume in my area was down 16% from 2008. Hopefully sales increases towards the end of 2009 will spill over to 2010.

**minnesota-mls** · 01-05-2010, 04:38 PM

The Minnesota real estate market here is seeing a shortage of homes for sale on the MLS in lower price ranges.

We need more inventory!

Last year, it seems that first time home buyers and investors gobbled up all the REO and short sales at the lower price points.

Seeing major discounts on upper bracket homes.

What a time to be a buyer if you are looking at spendier properties!

Overall, we do see the marketing picking back up slowly but steadily!