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The housing recovery closed up shop in December as year-over-year sales dropped from 9.4 percent to 6.4 percent above levels of a year ago and threaten to end the year only a meager 5 percent above sales in December 2012.

Sales Plunged in December

The housing recovery closed up shop in December as year-over-year sales dropped from 9.4 percent to 6.4 percent above levels of a year ago and threaten to end the year only a meager 5 percent above sales in December 2012.

The latest weekly data from Dataquick shows that the 30-day average sales on Christmas Eve fell for second week in a row and prices, though sagging since the first week of the month, remained in the double digits above 2012.

Homes Sales Median Homes Sale Prices
Run Date 30 Days of Sales % chg from 1 yr ago % chg from 3 yrs ago 30 Days of Sales % chg from 1 yr ago % chg from 3 yrs ago
11/21/2013 227,831 10.2% 40.9% $218,000 12.4% 15.3%
11/28/2013 221,468 8.7% 35.3% $216,160 12.0% 13.8%
12/5/2013 219,035 8.8% 33.1% $220,000 12.8% 15.8%
12/12/2013 222,597 14.1% 41.9% $220,000 12.5% 17.0%
12/19/2013 207,914 9.4% 36.1% $220,000 11.7% 15.9%
12/26/2013 204,498 6.4% 34.8% $221,000 11.1% 16.3%

Source: DataQuick; DQNews.com

Using the most current 30/31 days for each county. Covers 98 of the Top 100 US MSAs (excludes Louisville and Wichita). These numbers are not modeled. They are real sales counts and medians. Behind every digit is a sales event in our database: Address, Seller, Date, Buyer etc.

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