Economic Calendar

Wednesday, September 24, 2008

U.S. August Existing Home Sales: Statistical Summary (Table)

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By Kristy Scheuble

Sept. 24 (Bloomberg) -- Following is a summary of U.S. existing home sales from the National Association of Realtors.

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Aug. July June May April March 3 month
2008 2008 2008 2008 2008 2008 Average
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Total sales 4.910 5.020 4.850 4.990 4.890 4.940 4.927
Single Family 4.350 4.410 4.260 4.410 4.340 4.360 4.340
Condos/Co-ops 0.560 0.610 0.590 0.580 0.550 0.580 0.587
--------------Monthly Percent Change-------------- -YoY%-
Total sales -2.2% 3.5% -2.8% 2.0% -1.0% -1.8% -10.7%
Single Family -1.4% 3.5% -3.4% 1.6% -0.5% -2.5% -9.6%
Condos/Co-ops -8.2% 3.4% 1.7% 5.5% -5.2% 3.6% -19.0%
-------------------Months Supply------------------ 3mth Avg.
Total sales 10.4 10.9 11.1 10.8 11.2 10.0 10.8
Single Family 10.0 10.4 11.0 10.5 10.7 9.6 10.5
Condos/Co-ops 14.0 15.3 12.1 14.1 14.2 12.8 13.8
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Aug. July June May April March
2008 2008 2008 2008 2008 2008 -YoY%-
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--------------------Median Price------------------
Total sales $203,100 $210,300 $215,100 $207,900 $201,200 $200,100 -9.5%
Single Family $201,900 $208,900 $213,600 $206,000 $199,600 $197,600 -9.7%
Condos/Co-ops $212,600 $220,500 $225,900 $222,500 $213,400 $218,500 -7.2%
-------------------Average Price-----------------
Total sales $245,400 $253,300 $257,900 $252,600 $247,200 $247,100 -8.9%
Single Family $244,700 $252,400 $256,800 $251,200 $246,200 $245,400 -9.3%
Condos/Co-ops $251,200 $259,700 $265,500 $263,400 $255,000 $259,600 -5.7%
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NOTE: All levels are in millions and seasonally adjusted
at annual rates except for prices.

SOURCE: National Association of Realtors

To contact the reporter on this story: Kristy Scheuble in Washington at kmckeaney@bloomberg.net


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