National Real Estate Trends – As the 2012 home buying season begins, key indicators are overall pointing in the right direction – towards stability. The total US for-sale inventory in March 2012 was down by -21.48% compared to March 2011, declining in all but two of the 146 markets covered by Realtor.com. The median age of the inventory fell by -19.82% on a year-over-year basis and the median national list price was up by 5.56%. These positive indicators contrast with the situation at the beginning of the 2011 home buying season, when the median list price was down by -4.81% on an annual basis and the age of the inventory was up by 26.14%. If the market continues to hold its own, 2012 could confirm the beginning of a broad-based housing recovery.
| Year-over-Year % Change | March 2012 vs March 2011 | March 2011 vs March 2010 |
| Number of Listings | -21.48% | -9.22% |
| Median Age of Inventory | -19.82% | +26.14% |
| Median List Price | +5.56% | -4.81% |
This information has been obtained from the National Association of REALTORS
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