Median List Price Falls but Sale Price Shows Small Increase

According to recent data published on Zillow.com, the median list price for U.S. homes dropped while the median sale price made a small step in the positive direction.

The data, calculated Feb. 1, 2012, showed that the median listing price for U.S. homes listed on Zillow dropped -2.4% year-over-year to $180,000. List price refers to the seller’s asking price, not the sale price.

The median sale price for U.S. homes listed on the real estate site inched upward to $178,200. Sale price refers to what homes actually sold for.

The median sale price represents a modest, but positive 0.2% increase year-over-year. This could indicated that while home values are lower than before, home buyers are making purchases closer to the sellers’ asking price.

To see more information on U.S. real estate statistics, visit www.Zillow.com and click on “local info.”

More Related Posts and Resources:
National Association of Home Builders Market Index SA
Home Sales Stats from NAR
Home Buying Resources

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