National home prices turned in another 5 percent gain from a year ago in September, even as they began their typical seasonal decline, inching down just under 1 percent from August.
The key metrics across 19 major metropolitan markets are:
- Home prices in September increased 5.4% year over year, and were down 0.8% month over month.
- The number of homes for sale declined 29.3% from September 2011 to September 2012, and by 4.3% since August.
- Home sales increased 4% from last year, and fell 17% since August—a typical seasonal decline.
- The percentage of listings that sold within 14 days of their debut held steady in September at 27%.
For the full report including data tables, charts, and a downloadable spreadsheet with historic data, visit the Real-Time Price Tracker in Redfin’s Research Center.