It’s a new year and that means it’s time to take a look at how home sales – specifically average prices – did in 2010. Did they continue to slide down or have they turned the corner?
As usual, I calculate average prices by school district because that provides a more accurate review than if zip codes or cities were to be used. Zips and city boundaries sometimes cross school and county boundaries, thus, making them inaccurate.
The chart below shows average prices for Jan-Dec for single-family homes only. No condos included. You’ll notice that most districts improved their average home price for 2010. 2004-2005 still seems to be the benchmark years where people who purchased their home on or after those years may need to sell their home for less than they paid.

Click to enlarge chart, then click again
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