Real Estate Home Appreciation – Last 12 Months

October 15, 2006 — Leave a comment

Real Estate Home Appreciation Last 12 Months

Average Home Prices - increase over last year

Nationally, the median average sales price fell for the first time in our reporting history, from $229,000 a year ago to $225,000 at the end of this August. Only one region had a price gain – the west by a very slight 0.29%. The other three regions fell – down 3.9% in the Northeast, 1.12% in the Midwest, and 2.65% in the South.

The median price is that price where half the homes sold for a higher price and half sold for a lower price.

Data Source: National Association of Realtors







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