David Alderman
David Alderman

March year-to-year sales up 1% in Fla., prices up 11%


IRVINE, Calif. – April 24, 2014 – RealtyTrac's March Residential & Foreclosure Sales Report finds that U.S. residential properties – single family homes, condominiums and townhomes – sold at an estimated annual pace of 5,253,464 in March, an increase of 0.4 percent from February and up 8 percent from a year ago. The report has slightly different results than National Association of Realtors® (NAR) numbers issued Tuesday, which include only Realtor-assisted transactions.

RealtyTrac's median sales price in March – including both distressed and non-distressed sales – was $164,500, up 1 percent from February and up 10 percent from March 2013. March was the 24th consecutive month where U.S. median home prices increased on an annual basis, and the 10 percent annual increase was the biggest annual percentage increase in that 24-month span.

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