Monthly Archives: December 2012
Impact Of Fiscal Cliff On S Florida’s Housing Market | Cross River Real Estate
Bedford NY Homes | Best Homes 2012: Coolest Houses of the Year
Top 10 Mobile Products Of 2012 | Waccabuc NY Realtor
2012 Prices End With a Whimper | Armonk NY Real Estate
As the year draws to a close, the median asking price for listings has fallen to just 2.6 percent above the level of a year ago, significantly below the year-over-year high for the year of 3.8 percent recorded in April on the housetracker.net database.
The national median list price fell to $223,492 as of December 24, down 2.4 percent from a month earlier. The national media price was down 3.3 percent from the year’s high in April. List prices on houstracker.net are not seasonally adjusted.
The decline listing prices will likely be reflected in other indices when they are released. Year-over-year prices reached 4.3 percent in the October S&P Case Shiller 20-City Composite, the most recent report available. Sellers’ asking prices recorded on the MLS listings used by the housingtracker database are generally higher than final sales prices used by Case-Shiller.
Though slightly higher than last year, this year’s prices are far below the peak reached during the housing boom. The median asking price on housetracker.net for homes in the US peaked in June 2006 at $319,459 and is currently $93,817 lower, a peak-to-current decline of 29.4 percent.  From a low of $211,844 in January 2011, the median asking price in the US has increased by $13,796, or 6.5 percent, in nearly two years.
While price increases in 2012 were not dramatic, inventory shortages were. Since this time last year, the national inventory of homes for sale has decreased by 23.6 percent and it has decreased 6.6 in the past month. Housing inventory, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 1,560,162 in October 2007. The lowest housing inventory level seen was 695,660 in December 2012.
Katonah Real Estate | Distressed Real Estate Sold at 20 Percent Discount in November 2012
East Coast building permit issuance falls | Pound Ridge Homes
Cross River Realtor | Facebook Poke For Mobile
Bedford NY Real estate sales down 19% – Prices down 25% | RobReportBlog
Bedford NY Real estate sales down 19% – Prices down 25% | RobReportBlogBedford NY Real Estate Sales Report  –  last six months
2012
29 Â Â sales
$986,000 Â median sales price
$418,500 Â low price
$4,450,000 Â high price
4056 Â Ave. size
$321 Â Ave. price per foot
200 Â Â Ave. DOM
93.13% Â Ave sold to ask
$1,328,948 Â Average sold price
South Salem NY real estate sales up 39% – Prices up 6% | RobReportBlog
South Salem NY real estate sales up 39% – Prices up 6% | RobReportBlogSouth Salem NY Real Estate Report  – last six months
2012
39 Â Â sales
$575,000 Â median sales price
$245,000 Â low price
$1,300,000 Â high price
2869 Â ave. size
$230 Â ave. price per foot
208 Â Â ave. DOM
$649,193 Â ave. sales price