National Home Asking Prices and Inventory

As of February 20 2012 there were about 859,538 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 $221,899.² Since this time last year, the inventory of homes for sale has decreased by 20.2% and the median price has increased by 4.1%.

	February 20, 2012	Month/Month	Year/Year
Median Asking Price	$221,899	+1.5%	+4.1%
Home Listings/Inventory	859,538	+1.0%	-20.2%

Recent National Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
02/20/2012	859,538	$139,610	$221,899	$372,386
02/13/2012	857,638	$138,898	$220,834	$370,301
02/06/2012	844,668	$138,932	$220,585	$368,553
01/30/2012	855,619	$138,058	$218,886	$365,062
01/23/2012	851,224	$137,831	$218,578	$363,872

National Asking Price History

The median asking price for homes in the US peaked in June 2006 at $319,459 and is now $98,345 (30.8%) lower. From a low of $211,844 in January 2011, the median asking price in the US has increased by $9,269 (4.4%).

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 853,607 in January 2012.

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
February 2012	853,950	$139,152	$221,114	$370,432
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