National Home Asking Prices and Inventory

As of June 17 2013 there were about 732,681 single family and condo homes listed for sale in the 54 metro areas we track.¹ The median asking price of these homes was estimated to be $254,425.² Since this time last year, the inventory of homes for sale has decreased by 15.8% and the median price has increased by 7.9%.

	June 17, 2013	Month/Month	Year/Year
Median Asking Price	$254,425	+1.2%	+7.9%
Home Listings/Inventory	732,681	-2.4%	-15.8%

Recent National Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
06/17/2013	732,681	$157,505	$254,425	$429,401
06/10/2013	736,384	$155,634	$253,078	$428,137
06/03/2013	734,284	$155,283	$252,374	$428,361
05/27/2013	742,370	$155,359	$251,187	$427,341
05/20/2013	750,468	$155,037	$251,325	$425,720

National Asking Price History

The median asking price for homes in the US peaked in June 2006 at $319,459 and is now $66,116 (20.7%) lower. From a low of $211,844 in January 2011, the median asking price in the US has increased by $41,498 (19.6%).

25th, Median (50th) and 75th Percentile Asking Prices for US Homes

National Housing Inventory History

Housing inventory for all metro areas tracked, 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 648,938 in January 2013.

National Housing Inventory

National Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
June 2013	734,447	$156,164	$253,342	$428,729
May 2013	733,030	$154,338	$250,729	$425,868
April 2013	699,584	$149,095	$243,450	$411,961
March 2013	672,699	$144,599	$236,217	$402,408
February 2013	656,018	$139,864	$228,634	$389,903
January 2013	648,938	$137,489	$223,830	$378,509
December 2012	688,259	$138,830	$225,045	$380,464
November 2012	739,861	$143,051	$230,401	$388,267
October 2012	778,551	$145,182	$233,139	$392,649
September 2012	800,056	$145,887	$233,738	$391,906
August 2012	825,270	$146,055	$234,182	$391,669
July 2012	845,522	$147,219	$235,810	$396,726
June 2012	869,203	$147,365	$236,066	$398,702
May 2012	880,816	$146,438	$234,856	$396,345
April 2012	874,547	$144,672	$231,200	$390,446
March 2012	865,922	$141,715	$225,880	$381,167
February 2012	855,637	$139,331	$221,391	$371,090
January 2012	853,607	$137,335	$217,949	$362,360
December 2011	907,589	$138,904	$220,231	$365,380
November 2011	960,103	$142,909	$224,731	$373,118
October 2011	1,000,156	$145,182	$227,874	$376,349
September 2011	1,030,515	$145,760	$228,671	$376,402
August 2011	1,073,051	$146,850	$229,260	$378,056
July 2011	1,101,233	$146,613	$230,223	$380,640
June 2011	1,114,189	$147,892	$231,233	$382,130
May 2011	1,111,996	$146,174	$228,548	$378,124
April 2011	1,095,213	$142,801	$222,526	$367,296
March 2011	1,093,848	$139,565	$217,896	$358,546
February 2011	1,074,991	$136,731	$212,698	$349,680
January 2011	1,028,026	$137,179	$211,844	$345,620
December 2010	1,101,044	$141,553	$217,911	$354,752
November 2010	1,155,180	$147,083	$226,256	$367,631
October 2010	1,200,185	$150,496	$229,980	$374,459
September 2010	1,237,666	$152,025	$232,710	$379,056
August 2010	1,249,021	$153,902	$235,803	$384,458
July 2010	1,238,575	$156,345	$240,408	$392,528
June 2010	1,217,277	$157,568	$242,176	$397,281
May 2010	1,192,694	$157,800	$241,983	$397,660
April 2010	1,194,180	$156,218	$238,755	$388,724
March 2010	1,128,074	$153,490	$235,059	$384,742
February 2010	1,070,869	$150,787	$232,096	$382,085
January 2010	1,026,371	$149,869	$231,914	$384,992
December 2009	1,061,619	$152,558	$236,242	$393,319
November 2009	1,105,599	$156,691	$242,556	$402,293
October 2009	1,136,290	$159,814	$247,253	$410,766
September 2009	1,164,673	$161,132	$249,172	$414,273
August 2009	1,188,877	$162,223	$251,248	$418,704
July 2009	1,201,833	$163,538	$253,223	$422,566
June 2009	1,223,846	$164,695	$255,146	$425,591
May 2009	1,238,532	$164,908	$254,856	$424,425
April 2009	1,252,803	$163,270	$251,279	$417,999
March 2009	1,249,119	$162,154	$247,524	$410,087
February 2009	1,232,656	$160,852	$244,802	$402,274
January 2009	1,257,929	$162,884	$246,271	$402,229
December 2008	1,317,465	$166,418	$250,348	$406,640
November 2008	1,387,128	$170,090	$254,668	$411,257
October 2008	1,425,637	$173,818	$259,025	$415,987
September 2008	1,458,579	$177,257	$262,607	$418,717
August 2008	1,494,875	$180,199	$265,796	$421,553
July 2008	1,506,686	$183,945	$269,780	$426,693
June 2008	1,512,666	$188,178	$274,467	$431,794
May 2008	1,504,664	$191,240	$277,394	$433,337
April 2008	1,479,377	$193,221	$277,942	$432,057
March 2008	1,446,468	$193,646	$277,895	$428,554
February 2008	1,418,975	$195,544	$278,127	$425,752
January 2008	1,383,226	$196,878	$278,293	$423,086
December 2007	1,460,813	$201,638	$282,640	$427,817
November 2007	1,531,810	$207,310	$288,568	$434,552
October 2007	1,560,162	$211,049	$292,237	$438,276
September 2007	1,560,120	$214,081	$295,305	$439,871
August 2007	1,549,196	$215,658	$297,370	$442,271
July 2007	1,535,707	$218,608	$301,144	$447,596
June 2007	1,515,537	$221,228	$304,151	$453,091
May 2007	1,464,020	$221,305	$305,260	$454,706
April 2007	1,384,770	$220,478	$303,968	$454,173
March 2007	1,293,257	$219,250	$302,918	$453,515
February 2007	1,244,533	$218,329	$301,548	$451,036
January 2007	1,200,236	$218,006	$300,730	$448,648
December 2006	1,274,162	$222,062	$304,415	$452,922
November 2006	1,339,078	$225,865	$308,803	$457,522
October 2006	1,372,185	$229,649	$313,056	$462,364
September 2006	1,355,552	$231,490	$314,954	$463,942
August 2006	1,344,466	$232,572	$316,253	$466,039
July 2006	1,319,035	$233,724	$318,481	$468,886
June 2006	1,273,154	$233,965	$319,459	$470,661
May 2006	1,194,493	$231,725	$316,484	$468,387
April 2006	1,114,352	$228,195	$312,267	$463,643