Home Sales Stats 3rd Quarter Of 2019

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On October 24, 2019, ATTOM Data Solutions reported nationwide single family homes and condos sold price was $270,000 in the 3rd quarter of 2019, jumped 2.9% from 2nd quarter of 2019, and rose 8.3% from 3rd quarter of 2019.

Distress sales accounted for 10.5% single family homes and condos sales in the 3rd quarter of 2019, declined 11.3% from 2nd quarter of 2019, and lower 11.6% from all distress sales in the 3rd quarter of 2018.

Cash buyers accounted for 24.3% of all single family home and condo sales in the 3rd quarter of 2019, decreased from 24.5% in the 2nd quarter of 2019, and dropped from 26.3% in the 3rd quarter of 2018.

Investors minimum ten properties per year acquired 3.0% of all home sales in the 3rd quarter of 2019 higher from 2.3% in the 2nd quarter of 2019, but unchanged from 3.0% in the 3rd quarter of 2018. 

FHA home buyers were 12.1% of all home sales in the 3rd quarter of 2019 increased from 11.7% in the 2nd quarter of 2019, and gained from 10.4% in the 3rd quarter of 2018.

Todd Teta, chief product officer at ATTOM Data Solutions, stated That all happened as mortgage rates sank back to near-historic lows, which clearly powered the market upward along with stock market surges and a continued strong economy. There had been signs before the latest surge of a cooling market, but they seem to have diminished, at least for now.”  

For complete more detailed information about home sales stats for the 3rd quarter of 2019, please HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

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Rainer
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Sally Crane
WMS - Unity, WI
Woodland appraisal support.

Thanks for the update, all the best to you as you get many of these properties listed and sold.

 

Nov 08, 2019 06:48 PM #1
Rainmaker
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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

You are welcome Sally Crane glad you find the report very useful. All the best to you to list and sell many properties in your area too. Thanks for the comment.

Nov 08, 2019 08:14 PM #2
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Rainmaker
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John Pusa

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I will be very happy to assist you with your real estate needs.
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