Each graph shows, consecutively, existing home sales (no new construction figures) for $0 to 199,999; $200,000 to 300,000; $300,000 to 400,000; and $400,000 and above. The highest number of homes sold is represented in the first graph-- 80 to 112 depending on the month. With the price per square foot averaging 75 for those sales, I would say the market for that price point is pretty steady. I think when we see this group showing an increase over several months then we'll be on our way out of the "housing hole" we're currently in.
The last 2 graphs of high-end homes are not as consistent in pricing. However, it's important to keep in mind that very few homes are sold in these prices on a monthly basis-- anywhere from 1 to a maximum of 6 homes. So one good sale could skew the results.
I think the important lessons here are, 1.) Buyers, make sure your purchase price is consistent with similar sales; and 2.) Sellers, be realistic--if homes are selling at $75 per square foot it just doesn't matter that you bought your home at $85 per square foot--if you want to sell, price it right.
