Has There Ever Been A Better Time to Buy?
down in monthly and yearly comparisons.
The median price – the point at which half of homes sold for more and half for less – dropped to $149,450, down 9.4 percent from June 2009. The median sales price for May 2010 was $151,000, the MLS reported. The average sale price also dropped about 9.4 percent from June 2009 to $189,231 last month.
The number of homes sold this June was down from the previous month, as expected with homebuyers’ tax credits expiring.
Meanwhile, inventory increased and more homes were put up for sale than during the previous month. There were 1,505 new listings in June, compared with 1,463 in May. The total of active listings increased to 6,852 in June, up from 6,742 in May.

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