IreneLockel

Netter Real Estate

404 Montauk Highway
West Islip, NY 11795


Cell: 516-410-5944   
Phone: 631-661-5100 (116)
Fax: 631-587-HOME

Housing Trends

June 2013

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National market update

Existing-Home Sales Rise in May with Strong Price Increases

WASHINGTON (June 20, 2013) – Existing-home sales improved in May and remain solidly above a year ago, while the median price continued to rise by double-digit rates from a year earlier, according to the National Association of Realtors®.
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Pending Home Sales Edge Up

WASHINGTON (May 30, 2013) – Pending home sales improved slightly in April and continue to be well above a year ago, according to the National Association of Realtors®.
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National housing indicators

Existing home sales ()

5.18 million units*

Existing home median price ()

$208,000

Housing Starts ()

914,000 units*

New home sales ()

454,000 units (April)*

*Seasonally adjusted annual rate. Source: NATIONAL ASSOCIATION OF REALTORS®.

National economic indicators

Home ownership

1st Qtr 13

65.0%

1st Qtr 12

65.4%

The homeownership rate in the first quarter 2013 (65.0 percent) was lower than the first quarter 2012 rate (65.4 percent). The homeownership rate in the South was lower than the corresponding first quarter 2012 rate, while the rates in the Northeast, Midwest, and West were not statistically different from the rates a year ago.

New home sales

May 13

+2.1%

Apr 13

+3.3%

Sales of new single-family houses in May 2013 were at a seasonally adjusted annual rate of 476,000. This is 2.1 percent (+/- 16.6%)* above the revised April 2013 estimate of 466,000.

Source: U.S. CENSUS BUREAU

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Regional market updates

View market statistics for your region.

Click on the links below to view data from two different industry sources. Choose information on local prices & state sales from any of 178 metropolitan housing markets prepared by the National Association of REALTORS® or information on sales & price activity from local area markets in 25 states prepared by Clarus MarketMetrics.

Irene D Lockel

East Islip - IN THE MOORINGS Just Listed, 11 The Mast. Tastefully Renovated and in Immaculate Move In Condition! Offered $1,195,000 For more information or to schedule a private showing, contact me at ilockel@netterrealestate.com or call 516-410-5944 Read more

Old Islip - South of Montauk New Construction Has Begun! Fabulous Finishes and Top Quality Energy Efficient Throughout! Call or mail me for Details and Pick Your Finishes. ilockel@netterrealestate.com, 516-410-5944.

The 2nd 2018 edition of American Luxury Magazine is here! Vol. X No.2 Featuring Properties Offered by Netter Real Estate "Serving Long Island's South Shore Since 1949" Netter Real Estate properties are featured on the front, inside front, inside back and back covers and pages 40-41. Please contact me to schedule an appointment to see any of these Read more

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Existing Home Statistics

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