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Originally published November 15, 2010 at 12:00 PM | Page modified November 15, 2010 at 1:25 PM

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Washington home sales continue decline, WSU reports

Sales of existing homes in Washington slid lower from July through September, reflecting the end of federal tax credit programs.

The Associated Press

SPOKANE, Wash. —

Sales of existing homes in Washington slid lower from July through September, reflecting the end of federal tax credit programs.

The Center for Real Estate Research at Washington State University said median home prices in the state also continued to decline.

Statewide home sales declined 26.5 percent from the second to the third quarter at seasonally adjusted annual rates. The center said third quarter sales were also down 20 percent from the same period a year ago.

The median sales price for a home was $248,900, down 3 percent from a year ago.

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Online: http://www.business.wsu.edu/overview/news/Documents/Snapshot-2010Q3.pdf

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