Inman

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%)

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