Home sales slip slightly in February but up almost 9 percent from a year ago; home prices increase slightly

dennis-norman-st-louis-realtor-existing-home-salesToday’s existing home sales report from the National Association of REALTORS® shows existing home sales in February were at at a seasonally adjusted-annual rate of 4.59 million units which is a decrease of 0.8 percent from the month before and an increase of 8.8 percent from a year ago. The actual number of homes sold in February was 286,000 which is an increase of 10.0 percent from the month before and an increase of 13.0 percent from a year ago when there were 253,000 homes sold.

Home prices increase for first time since November 2011….

The median home price in the U.S. in February was $156,600, an increase of 1.2 percent from the month before and an increase of 0.3 percent from a year ago when the median price was $156,100.

Supply and Inventory of Homes for sale increase from month before….

The number of existing homes on the market increased in February by 4.3 percent from the previous month to 2.43 million homes, but decreased 19.3 percent from a year ago when there were 3.01 million homes for sale. The months supply of homes on the market increased by 6.7 percent to 6.4 months from the month before but decreased 25.6 percent from a year ago when the supply was 8.6 months.

The following are the ACTUAL Existing Home sales for February, 2012 reported by NAR without any adjustment or fluff:

  • There were 286,000 existing homes sold during the month which is an increase of 10.0 percent from the month before and an increase of 13.0 percent from a year ago.
  • Below are highlights from each region for the month;
    • Northeast – 37,000 homes sold, an increase of 23.3 percent from the prior month and an increase of 8.8 percent from the year before.
    • Midwest – 64,000 homes sold, an increase of 20.8 percent from the prior month and an increase of 18.5 percent from the year before.
    • South – 112,000 homes sold, an increase of 10.9 percent from the prior month and an increase of 13.1 percent from the year before.
    • West – 73,000 homes sold, a decrease of 3.9 percent from the prior month and an increase of 10.6 percent from the year before.

Other highlights of the NAR Report for February 2012:

  • Distressed sales (short sales and foreclosures) accounted for 34 percent of all home sales for the month (20 percent were foreclosures and 14 percent short sales), down from 35 percent the month before.
  • First-Time homebuyers accounted for 32 percent of the home sales for the month, down from 33 percent the month before.
  • Investors were the buyers of 23 percent of the homes for the month, same as the month before.
  • Repeat home buyers were responsible for approximately 45 percent of the month’s sales.
  • Cash buyers were 33 percent of all sales for the month, up from 31 percent the month before.


Print Friendly, PDF & Email

83 comments to Home sales slip slightly in February but up almost 9 percent from a year ago; home prices increase slightly

  • … [Trackback]

    […] Find More Info here on that Topic: stlouisrealestatenews.com/home-prices-sales/st-louis-home-sales/home-sales-slip-slightly-in-february-but-up-almost-9-percent-from-a-year-ago-home-prices-increase-slightly/ […]

  • I want to point out my passion for your kindness supporting folks that absolutely need help with the subject matter. Your very own dedication to getting the solution around had become extremely important and have truly permitted individuals much like me to realize their goals. Your personal warm and helpful publication means a lot a person like me and further more to my mates. Thanks a lot; from everyone of us.

  • Thanks for sharing superb informations. Your web-site is so cool. I’m impressed by the details that you have on this website. It reveals how nicely you perceive this subject. Bookmarked this website page, will come back for more articles. You, my friend, ROCK! I found simply the info I already searched all over the place and just could not come across. What a perfect site.

  • Magnificent items from you, man. I have be mindful your stuff previous to and you’re simply extremely magnificent. I actually like what you have received here, certainly like what you’re stating and the best way by which you are saying it. You are making it enjoyable and you continue to take care of to stay it sensible. I can not wait to learn far more from you. That is really a tremendous site.

  • I as well think so , perfectly written post! .

  • Good write-up, I am normal visitor of one¦s web site, maintain up the excellent operate, and It’s going to be a regular visitor for a long time.

  • Hi there are using WordPress for your site platform? I’m new to the blog world but I’m trying to get started and set up my own. Do you need any html coding knowledge to make your own blog? Any help would be greatly appreciated!

  • I like the helpful info you provide in your articles. I’ll bookmark your blog and check again here frequently. I am quite sure I’ll learn plenty of new stuff right here! Good luck for the next!

  • I appreciate, cause I found exactly what I was looking for. You’ve ended my four day long hunt! God Bless you man. Have a nice day. Bye

  • Thank you for any other wonderful article. The place else could anybody get that kind of information in such an ideal means of writing? I have a presentation next week, and I am on the search for such information.

  • Can I simply say what a reduction to search out somebody who actually is aware of what theyre talking about on the internet. You undoubtedly know the way to convey an issue to gentle and make it important. Extra individuals need to read this and perceive this facet of the story. I cant believe youre no more popular because you undoubtedly have the gift.

  • Great web site. A lot of useful info here. I am sending it to several pals ans also sharing in delicious. And naturally, thanks on your effort!

  • Lovely website! I am loving it!! Will be back later to read some more. I am taking your feeds also.

  • There is apparently a bunch to realize about this. I believe you made various nice points in features also.

  • There is perceptibly a lot to identify about this. I feel you made some good points in features also.

  • I really appreciate this post. I?¦ve been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thanks again

  • Hello there! This is kind of off topic but I need some guidance from an established blog. Is it hard to set up your own blog? I’m not very techincal but I can figure things out pretty fast. I’m thinking about making my own but I’m not sure where to begin. Do you have any points or suggestions? Thanks

  • I was suggested this blog by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my difficulty. You’re amazing! Thanks!

  • Hey very nice blog!! Man .. Beautiful .. Superb .. I will bookmark your site and take the feeds additionally?KI’m glad to search out numerous helpful info here within the submit, we want develop extra strategies in this regard, thanks for sharing. . . . . .

  • Magnificent website. Plenty of useful info here. I?¦m sending it to some friends ans additionally sharing in delicious. And certainly, thank you in your effort!

  • … [Trackback]

    […] Read More on on that Topic: stlouisrealestatenews.com/home-prices-sales/st-louis-home-sales/home-sales-slip-slightly-in-february-but-up-almost-9-percent-from-a-year-ago-home-prices-increase-slightly/ […]

  • … [Trackback]

    […] There you can find 39155 more Info to that Topic: stlouisrealestatenews.com/st-louis-home-sales/home-sales-slip-slightly-in-february-but-up-almost-9-percent-from-a-year-ago-home-prices-increase-slightly/ […]

  • I was very happy to find this net-site.I wanted to thanks on your time for this excellent learn!! I positively having fun with every little bit of it and I have you bookmarked to take a look at new stuff you weblog post.

  • You have observed very interesting details! ps decent web site. “There’s always one who loves and one who lets himself be loved.” by W. Somerset Maugham.

  • … [Trackback]

    […] Find More Info here on that Topic: stlouisrealestatenews.com/st-louis-home-sales/home-sales-slip-slightly-in-february-but-up-almost-9-percent-from-a-year-ago-home-prices-increase-slightly/ […]

  • … [Trackback]

    […] Here you will find 72112 more Information to that Topic: stlouisrealestatenews.com/home-prices-sales/st-louis-home-sales/home-sales-slip-slightly-in-february-but-up-almost-9-percent-from-a-year-ago-home-prices-increase-slightly/ […]

  • … [Trackback]

    […] Read More on to that Topic: stlouisrealestatenews.com/st-louis-home-sales/home-sales-slip-slightly-in-february-but-up-almost-9-percent-from-a-year-ago-home-prices-increase-slightly/ […]

  • There are actually lots of details like that to take into consideration. That could be a great point to bring up. I offer the thoughts above as basic inspiration however clearly there are questions like the one you convey up the place a very powerful factor will likely be working in sincere good faith. I don?t know if greatest practices have emerged around things like that, but I am sure that your job is clearly identified as a good game. Each boys and girls feel the impression of just a second’s pleasure, for the rest of their lives.

  • You got a very superb website, Sword lily I detected it through yahoo.

  • I am incessantly thought about this, thanks for putting up.

  • Have you ever considered about adding a little bit more than just your articles? I mean, what you say is fundamental and all. However just imagine if you added some great images or video clips to give your posts more, “pop”! Your content is excellent but with pics and clips, this website could undeniably be one of the very best in its niche. Excellent blog!

  • Hi just wanted to give you a quick heads up and let you know a few of the images aren’t loading properly. I’m not sure why but I think its a linking issue. I’ve tried it in two different internet browsers and both show the same outcome.

  • Hi, Neat post. There is a problem with your website in internet explorer, would check this… IE still is the market leader and a large portion of people will miss your magnificent writing because of this problem.

  • Some truly interesting info , well written and loosely user pleasant.

  • I like what you guys are up also. Such smart work and reporting! Carry on the superb works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my website :)

  • I¦ll right away take hold of your rss as I can not find your email subscription hyperlink or e-newsletter service. Do you’ve any? Please allow me recognize so that I may subscribe. Thanks.

  • It is the best time to make a few plans for the longer term and it’s time to be happy. I have read this put up and if I could I wish to recommend you some attention-grabbing things or advice. Maybe you can write next articles referring to this article. I wish to read even more issues approximately it!

  • Hey! This is my first visit to your blog! We are a collection of volunteers and starting a new project in a community in the same niche. Your blog provided us beneficial information to work on. You have done a wonderful job!

  • magnificent points altogether, you just received a brand new reader. What might you recommend in regards to your submit that you just made some days in the past? Any positive?

  • … [Trackback]

    […] Information on that Topic: stlouisrealestatenews.com/st-louis-home-sales/home-sales-slip-slightly-in-february-but-up-almost-9-percent-from-a-year-ago-home-prices-increase-slightly/ […]

  • Does your website have a contact page? I’m having problems locating it but, I’d like to shoot you an e-mail. I’ve got some suggestions for your blog you might be interested in hearing. Either way, great blog and I look forward to seeing it grow over time.

  • That is very interesting, You’re an overly professional blogger. I’ve joined your feed and look forward to in the hunt for more of your excellent post. Also, I’ve shared your website in my social networks!

  • I’ve been browsing online greater than three hours today, yet I never found any interesting article like yours. It is lovely worth enough for me. In my view, if all website owners and bloggers made good content material as you probably did, the net will be a lot more useful than ever before.

  • You have observed very interesting details ! ps decent site.

  • Currently it sounds like WordPress is the best blogging platform out there right now. (from what I’ve read) Is that what you’re using on your blog?

  • This design is steller! You obviously know how to keep a reader amused. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Great job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!

  • I’ve been exploring for a bit for any high-quality articles or blog posts in this kind of space . Exploring in Yahoo I at last stumbled upon this web site. Studying this information So i’m happy to show that I’ve an incredibly just right uncanny feeling I found out exactly what I needed. I most indubitably will make certain to don’t put out of your mind this web site and provides it a look regularly.

  • Hi there very nice website!! Man .. Beautiful .. Superb .. I’ll bookmark your site and take the feeds alsoKI am happy to find so many useful info here in the put up, we’d like develop more techniques in this regard, thanks for sharing. . . . . .

  • I am always looking online for posts that can benefit me. Thank you!

  • I’m impressed, I must say. Actually hardly ever do I encounter a weblog that’s each educative and entertaining, and let me tell you, you could have hit the nail on the head. Your thought is outstanding; the problem is something that not sufficient persons are speaking intelligently about. I’m very comfortable that I stumbled throughout this in my seek for one thing referring to this.

  • I’m really enjoying the design and layout of your website. It’s a very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a developer to create your theme? Superb work!

  • I love the efforts you have put in this, thanks for all the great blog posts.

  • Great post. I was checking constantly this blog and I am impressed! Very helpful information specifically the closing part :) I handle such information much. I used to be seeking this certain information for a very lengthy time. Thanks and good luck.

  • You made some clear points there. I did a search on the subject and found most persons will go along with with your blog.

  • I was just looking for this information for some time. After 6 hours of continuous Googleing, finally I got it in your web site. I wonder what’s the lack of Google strategy that do not rank this kind of informative web sites in top of the list. Usually the top web sites are full of garbage.

  • Great work! This is the kind of information that should be shared across the web. Shame on the seek engines for no longer positioning this publish upper! Come on over and consult with my site . Thank you =)

  • Simply want to say your article is as astonishing. The clearness on your submit is just spectacular and that i can assume you are a professional in this subject. Fine along with your permission allow me to take hold of your RSS feed to stay updated with approaching post. Thank you 1,000,000 and please continue the rewarding work.

  • Heya i’m for the first time here. I came across this board and I in finding It really helpful & it helped me out a lot. I hope to give one thing back and aid others such as you helped me.

  • I enjoy the efforts you have put in this, regards for all the great posts.

  • You have noted very interesting details ! ps decent website .

  • I’m extremely impressed with your writing skills and also with the layout on your blog. Is this a paid theme or did you customize it yourself? Anyway keep up the excellent quality writing, it is rare to see a nice blog like this one nowadays..

  • This really answered my problem, thank you!

  • F*ckin’ remarkable things here. I’m very glad to see your post. Thanks a lot and i am looking forward to contact you. Will you please drop me a e-mail?

  • Some times its a pain in the ass to read what blog owners wrote but this internet site is real user genial! .

  • I always was interested in this topic and still am, appreciate it for putting up.

  • Please let me know if you’re looking for a article writer for your site. You have some really good articles and I feel I would be a good asset. If you ever want to take some of the load off, I’d love to write some content for your blog in exchange for a link back to mine. Please send me an email if interested. Cheers!

  • Lovely just what I was searching for.Thanks to the author for taking his clock time on this one.

  • I am delighted that I noticed this web site, just the right information that I was searching for! .

  • Your style is so unique compared to many other people. Thank you for publishing when you have the opportunity,Guess I will just make this bookmarked.2

  • Hey very nice blog!! Guy .. Excellent .. Wonderful .. I will bookmark your blog and take the feeds additionally?KI am glad to seek out so many useful info here within the post, we need develop extra strategies in this regard, thank you for sharing. . . . . .

  • I am forever thought about this, thankyou for putting up.

  • Hiya, I am really glad I’ve found this info. Today bloggers publish only about gossips and web and this is actually annoying. A good website with interesting content, that is what I need. Thanks for keeping this web site, I will be visiting it. Do you do newsletters? Cant find it.

  • Thank you a lot for giving everyone a very brilliant opportunity to discover important secrets from this web site. It is usually so enjoyable and packed with a lot of fun for me personally and my office acquaintances to search your site at minimum thrice weekly to read the fresh guidance you have. And lastly, I’m just certainly happy concerning the remarkable methods you give. Selected 2 facts in this posting are in fact the simplest we have ever had.

  • My husband and i were absolutely relieved that Peter managed to complete his preliminary research with the ideas he grabbed in your blog. It’s not at all simplistic just to find yourself releasing points that a number of people may have been selling. Therefore we realize we have got the website owner to appreciate for that. The entire explanations you have made, the simple site menu, the friendships you can help to instill – it is mostly wonderful, and it’s assisting our son in addition to us do think this subject matter is cool, and that is unbelievably important. Thanks for everything!

  • you’re really a good webmaster. The site loading pace is amazing. It seems that you’re doing any unique trick. In addition, The contents are masterpiece. you’ve performed a magnificent process on this matter!

  • F*ckin’ amazing things here. I am very satisfied to peer your post. Thank you so much and i’m looking forward to touch you. Will you kindly drop me a e-mail?

  • I was recommended this web site by my cousin. I am not sure whether this post is written by him as no one else know such detailed about my problem. You are amazing! Thanks!

  • Youre so cool! I dont suppose Ive learn anything like this before. So nice to seek out somebody with some authentic thoughts on this subject. realy thanks for starting this up. this web site is one thing that is wanted on the internet, someone with a little bit originality. helpful job for bringing one thing new to the internet!

  • Great line up. We will be linking to this great article on our site. Keep up the good writing.

  • Great post. I was checking continuously this blog and I am impressed! Very useful info specifically the last part :) I care for such information much. I was looking for this particular info for a very long time. Thank you and good luck.

  • Really enjoyed this post, is there any way I can get an alert email every time you make a fresh update?

  • Hello there! This post could not be written any better! Reading through this post reminds me of my old room mate! He always kept talking about this. I will forward this write-up to him. Pretty sure he will have a good read. Many thanks for sharing!

  • wonderful points altogether, you just received a brand new reader. What would you recommend about your submit that you just made some days in the past? Any sure?

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>