Best Boomer Towns Blog

U.S. Housing Market Stats Ending September 2009

Falling mortgage rates and the government’s homebuyer tax credit continued to fuel home sales in September.  The seasonally-adjusted annual sales rate of total existing homes jumped 9.4% from August levels to 5,570,000 units.  This is the highest annualized sales of existing homes has been since July 2007.  Existing home sales are up 9.2% from September of last year.  However, median existing home prices continued to trend lower in September.  The median sales price of an existing home declined to $174,900 from $177,300 in August. 

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