Economic DataWatch
Existing Home Sales  

October 25, 2010 
   
1555 NorthPark Drive #102 
Weston, Florida 33326 

www.horowitzandcompany.com 
p  954‐349‐0800  f 954‐349‐1414 

 
 Existing Home Sales
SAAR (Millions) September‐10 August‐10 July‐10 June‐10 May‐10 April‐10 March‐10
Total 4.53 4.12 3.84 5.26 5.66 5.79 5.36
Northeast 0.76 0.69 0.63 0.88 0.89 1.09 0.9
Midwest 0.95 0.83 0.8 1.23 1.33 1.33 1.21
South 1.77 1.6 1.54 1.99 2.15 2.14 1.97
West 1.05 1 0.87 1.16 1.29 1.23 1.29
Available for Sale 4.04 4.117 4.007 3.887 3.893 4.029 3.626
Months Supply 10.7 12 12.5 8.9 8.3 8.4 8.1
Monthly Percent Change September‐10 August‐10 July‐10 June‐10 May‐10 April‐10 March‐10
Total 10.0% 7.3% ‐27.0% ‐7.1% ‐2.2% 8.0% 7.0%
Northeast 10.1% 9.5% ‐28.4% ‐1.1% ‐18.3% 21.1% 7.1%
Midwest ‐5.1% ‐2.6% ‐3.0% 4.7% 5.6% 3.9% 5.4%
South 10.6% 3.9% ‐22.6% ‐7.4% 0.5% 8.6% 7.1%
West 5.0% 14.9% ‐25.0% ‐10.1% 4.9% ‐4.7% 5.7%
Available for Sale ‐1.87% 2.75% 3.09% ‐0.15% ‐3.38% 11.11% 2.69%
Average Home Prices September‐10 August‐10 July‐10 June‐10 May‐10 April‐10 March‐10
Average $218,200 $226,000 $231,700 $230,000 $220,900 $217,300 $214,500
Northeast $275,700 $290,700 $297,300 $290,800 $269,900 $277,600 $273,700
Midwest $171,400 $181,600 $186,000 $186,000 $174,900 $166,700 $162,700
South $190,900 $197,500 $202,100 $205,300 $195,600 $190,600 $188,500
West $264,200 $266,900 $274,100 $268,000 $271,000 $264,300 $263,100
Average Prices YoY % Change September‐10 August‐10 July‐10 June‐10 May‐10 April‐10 March‐10
Average ‐1.67% 1.71% 1.98% 0.97% 1.24% 4.17% 1.47%
Northeast ‐1.32% 3.60% 3.77% 2.47% ‐3.23% 2.59% 4.55%
Midwest ‐1.89% 4.31% 0.81% 0.76% 0.23% 3.35% 1.56%
South ‐1.19% ‐0.75% ‐0.49% ‐0.05% ‐1.21% 2.31% 2.06%
West ‐3.47% 0.30% 3.98% 1.21% 8.70% 7.00% ‐1.86%
Median Home Prices September‐10 August‐10 July‐10 June‐10 May‐10 April‐10 March‐10
Median $171,700 $177,500 $182,100 $183,000 $174,600 $172,300 $169,600
Northeast $239,200 $256,200 $263,000 $253,000 $226,500 $243,100 $239,400
Midwest $139,700 $147,200 $151,100 $155,800 $148,800 $140,900 $135,600
South $149,500 $152,600 $156,000 $159,400 $153,700 $149,200 $147,900
West $213,600 $217,500 $223,800 $220,500 $220,100 $217,200 $216,100
Median Prices YoY % Change September‐10 August‐10 July‐10 June‐10 May‐10 April‐10 March‐10
Median ‐2.39% 0.17% 0.44% 0.66% ‐0.11% 3.48% ‐0.24%
Northeast ‐1.36% 5.91% 4.45% 2.30% ‐7.74% 2.14% 4.36%
Midwest ‐5.16% ‐1.21% ‐3.08% ‐0.19% 0.88% 1.81% ‐2.45%
South ‐2.61% ‐2.99% ‐3.53% ‐2.57% ‐2.41% 0.67% 0.48%
West ‐4.86% ‐1.23% 2.80% 0.92% 6.84% 6.11% ‐4.97%
Source:  National Association of Realtors / Horowitz & Company

www.HorowitzandCompany.com
 Existing Home Sales (SAAR in Millions) Existing Home Sales (SAAR in Millions)
6 13
2.50

Monthly Supply of Existing Homes
Existing Home Sales (Millions)
5 12
2.00
4 11
1.50
3 10

1.00
2 9

0.50 1 8

0.00 0 7
Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10
Northeast Midwest South West Northeast Midwest South West Months Supply

Existing Home Sales (Monthly % Change) Existing Home Sales (Avg. Prices)
$350,000
30%
$300,000
20%
$250,000
10%
$200,000
0%
$150,000
‐10%
$100,000
‐20% $50,000

‐30% $0
Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10 Mar‐10 Apr‐10 May‐10 Jun‐10 Jul‐10 Aug‐10 Sep‐10
Northeast Midwest South West Northeast Midwest South West Average

www.HorowitzandCompany.com
 

1555 NorthPark Drive #102 
Weston, Florida 33325 
p 954‐349‐0800    f 954‐349‐1414 
 

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