Top 10 states for existing-home sales growth in Q1

The National Association of Realtors on Tuesday released first-quarter statewide sales data.

Sales of all existing homes, including single-family homes and condos, rose 11.4 percent in the first quarter compared to the same quarter last year, to a seasonally adjusted annual rate of 5.14 million, while falling 14 percent from fourth-quarter 2009 (see related article), and sales rose in 44 states and Washington, D.C., year over year in the first quarter.

Top 10 states for existing-home sales growth in Q1 2010 vs. Q1 2009
1. IDAHO (+122.5%)
2. HAWAII (+51.5%)
3. FLORIDA (+35.%)
4. VERMONT (+33.3%)
5. OREGON (+32.7%)
6. WASHINGTON (+32%)
7. MAINE (+28.3%)
8. ILLINOIS (+27.1%)
9. NEW YORK (+26.8%)
10. MARYLAND (+26%)

Top 10 states with existing-home sales decline or slightest sales increase in Q1 2010 vs. Q1 2009
CALIFORNIA (-5.6%)
SOUTH DAKOTA (-2.8%)
VIRGINIA (-1.8%)
OKLAHOMA (-1.5%)
ALABAMA (+1.1%)
KANSAS (+2.4%)
GEORGIA (+3.8%)
MISSOURI (+4.6%)
MINNESOTA (+5.2%)
COLORADO (+5.3%)

***

What's your opinion? Leave your comments below or send a letter to the editor. To contact the writer, click the byline at the top of the story.

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.