The National Association of Realtors® provided the following statistics. There is a trend and a definite relationship to the supply and demand in housing.
National Statistics
Existing Home Sales Average Sales Price
2007 5,652,000 $266,000
2008 4,913,000 $242,700
2009 5,440,000 $218,700
Seasonally Adjusted
Jan ‘10 5,050,000 $212,200
April ‘10 5,790,000 $217,300
July ‘10 3,840,000 $231,700
Nov. ‘10 4,680,000 $218,800
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