Additionally, NAR reports the national median existing home prices for all housing types was $173,600 in February up 11.6 % from February 2012. In the South, existing home sales were 14.9 % above last February and the median price was $150,500, up 9.3 % from a year ago. Distressed (Foreclosures and Short Sales) home sales in February accounted for 25 % of the sale in February; 15% were foreclosures, and only 10% were short sales.
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