NEW YORK (CNNMoney.com) -- Any possible housing market recovery hit a snag during the three months ended September 30, as a government tax credit for homebuyers wound down.
Home prices fell only slightly during the quarter, according to a report from the National Association of Realtors (NAR), but the number of homes sold plummeted more than 25%, compared with the previous quarter.
The fall-off in sales volume remains a troubling feature of the current housing market scene because there's rarely been a more attractive time to buy.
"Given the relationship between mortgage interest rates, home prices and median family income, the buying power in today's market is matching the highest levels we've seen dating all the way back to 1970," said NAR President Ron Phipps.
Many sales were undoubtedly happened in early 2010 as homebuyers accelerated their purchases to qualify for the tax credit, which shaved as much as $8,000 off their tax bills.
Contracts had to be signed by the end of April to qualify and the deals had to close by the end of September.
The national median price for a single-family home sold during the quarter was $177,900, down 0.2% from the same period a year ago and up 0.6% from the second quarter of 2010.
Single-family home prices rose 2.5% to $253,400 in the Northeast, the only region that showed price improvement. Midwest prices fell 3% to $145,600, prices dropped 1.9% in the South and 0.4% in the West region.
The metro area with the biggest gain was Burlington, Vt., where the median price of $286,300 was 17.6% higher than 12 months earlier. The biggest loser was Ocala, Fla., down 20% to $82,200.
San Jose, Calif., recorded the highest median price -- $628,700 -- during the quarter, just nosing out Honolulu at $628,100.
Youngstown, Ohio, the old steel town, had the lowest median sale price, at $60,400.
Condo prices fared worse than those of single-family houses. The national median fell 3.9% from 12 months earlier to $171,400.
Palm Bay, Fla., had the biggest year-over-year loss: down 32% to $73,000; Jacksonville. Fla., was off 31% to $63,200. Phoenix condo prices also plunged, down 26.6% to $73,300.
Condo prices in the New York metro area soared, up 34.5% to $400,000, the most, by far, of any city. 
| Metro Area | State | Median home price 3nd Quarter |
Percent change from 3nd Quarter 2009 |
|---|---|---|---|
| Abilene | TX | $125,700 | 8.2% |
| Akron | OH | $105,700 | -1.4% |
| Albany-Schenectady-Troy | NY | $208,000 | 6.4% |
| Albuquerque | NM | $185,100 | 0.9% |
| Allentown-Bethlehem-Easton | PA-NJ | $234,900 | 1.3% |
| Amarillo | TX | $127,600 | 4.2% |
| Anaheim-Santa Ana-Irvine | CA | $508,400 | 1.9% |
| Appleton | WI | $117,700 | -4.7% |
| Atlanta-Sandy Springs-Marietta | GA | $113,500 | -12.3% |
| Atlantic City | NJ | $229,400 | 2.9% |
| Austin-Round Rock | TX | $205,000 | 8.4% |
| Baltimore-Towson | MD | $257,100 | -1.5% |
| Barnstable Town | MA | $333,700 | 4.4% |
| Baton Rouge | LA | $172,100 | 3.1% |
| Beaumont-Port Arthur | TX | $124,100 | -7.1% |
| Binghamton | NY | $109,000 | -4.6% |
| Birmingham-Hoover | AL | $146,000 | -4.8% |
| Bismarck | ND | $168,500 | 7.2% |
| Bloomington-Normal | IL | $159,200 | 1.3% |
| Boise City-Nampa | ID | $131,800 | -14.1% |
| Boston-Cambridge-Quincy | MA-NH | $366,500 | 5.3% |
| Boulder | CO | $363,300 | 1.4% |
| Bridgeport-Stamford-Norwalk | CT | $451,200 | 13.3% |
| Buffalo-Niagara Falls | NY | $128,800 | 7.6% |
| Burlington-South Burlington | VT | $286,300 | 17.6% |
| Canton-Massillon | OH | $79,500 | -11.0% |
| Cape Coral-Fort Myers | FL | $100,900 | 3.0% |
| Cedar Rapids | IA | $156,100 | 7.1% |
| Champaign-Urbana | IL | $155,400 | 10.5% |
| Charleston-North Charleston | SC | $211,100 | 8.2% |
| Charleston | WV | $130,900 | -0.8% |
| Charlotte-Gastonia-Concord | NC-SC | $200,100 | 0.3% |
| Chattanooga | TN-GA | $120,000 | -3.3% |
| Chicago-Naperville-Joliet | IL | $196,600 | -6.4% |
| Cincinnati-Middletown | OH-KY-IN | $129,300 | -1.8% |
| Cleveland-Elyria-Mentor | OH | $114,500 | -1.1% |
| Colordo Springs | CO | $201,400 | 3.2% |
| Columbia | MO | $147,700 | -0.7% |
| Columbia | SC | $149,000 | 3.5% |
| Columbus | OH | $135,100 | -5.3% |
| Corpus Christi | TX | $139,100 | 0.9% |
| Cumberland | MD-WV | $107,400 | -12.0% |
| Dallas-Fort Worth-Arlington | TX | $171,500 | 14.2% |
| Davenport-Moline-Rock Island | IA-IL | $121,800 | 5.4% |
| Dayton | OH | $103,000 | -7.7% |
| Decatur | IL | $88,600 | 0.1% |
| Deltona-Daytona Beach-Ormond Beach | FL | $114,000 | -10.0% |
| Denver-Aurora | CO | $238,500 | 4.1% |
| Des Moines | IA | $156,600 | 0.0% |
| Detroit-Warren-Livonia | MI | N/A | N/A |
| Dover | DE | $190,800 | -4.6% |
| Durham | NC | $184,900 | 0.3% |
| Elmira | NY | $110,500 | 16.9% |
| El Paso | TX | $139,200 | 4.8% |
| Erie | PA | $116,400 | 13.2% |
| Eugene-Springfield | OR | $203,700 | -1.4% |
| Fargo | ND-MN | $161,400 | 13.6% |
| Farmington | NM | $178,800 | -4.1% |
| Florence | SC | $112,000 | -7.7% |
| Ft. Wayne | IN | $97,000 | -5.4% |
| Gainesville | FL | $154,600 | -10.0% |
| Gary-Hammond | IN | $125,900 | -0.6% |
| Glens Falls | NY | $149,400 | -2.0% |
| Grand Rapids | MI | $89,900 | -7.4% |
| Green Bay | WI | $120,500 | -10.9% |
| Greensboro-High Point | NC | $129,800 | -1.4% |
| Greenville | SC | $145,000 | -0.6% |
| Gulfport-Biloxi | MS | $118,100 | -14.4% |
| Hagerstown-Martinsburg | MD-WV | $143,800 | -5.3% |
| Hartford-West Hartford-East Hartford | CT | $244,100 | 2.8% |
| Honolulu | HI | $628,100 | 4.3% |
| Houston-Baytown-Sugar Land | TX | $158,900 | -1.1% |
| Indianapolis | IN | $123,300 | 2.6% |
| Jackson | MS | $129,500 | -8.3% |
| Jacksonville | FL | $137,000 | -6.0% |
| Kankakee-Bradley | IL | $121,700 | -8.9% |
| Kansas City | MO-KS | $141,400 | -3.3% |
| Kennewick-Richland-Pasco | WA | $180,800 | 5.3% |
| Kingston | NY | $223,600 | 8.2% |
| Knoxville | TN | $144,900 | 2.0% |
| Lansing-E.Lansing | MI | $83,300 | -3.8% |
| Las Vegas-Paradise | NV | $138,100 | -0.3% |
| Lexington-Fayette | KY | $144,000 | -0.7% |
| Lincoln | NE | $137,900 | 1.4% |
| Little Rock-N. Little Rock | AR | $135,000 | 1.9% |
| Los Angeles-Long Beach-Santa Ana | CA | $350,000 | 1.3% |
| Louisville | KY-IN | $138,500 | 2.1% |
| Madison | WI | $231,800 | 6.4% |
| Manchester-Nashua | NH | $238,300 | 0.3% |
| Memphis | TN-MS-AR | $119,600 | -7.5% |
| Miami-Fort Lauderdale-Miami Beach | FL | $214,800 | -1.0% |
| Milwaukee-Waukesha-West Allis | WI | $209,300 | 4.9% |
| Minneapolis-St. Paul-Bloomington | MN-WI | $171,400 | -7.3% |
| Mobile | AL | $120,000 | -6.5% |
| Montgomery | AL | $138,100 | 2.9% |
| Nashville-Davidson--Murfreesboro | TN | N/A | N/A |
| New Haven-Milford | CT | $238,300 | -1.2% |
| New Orleans-Metairie-Kenner | LA | $157,800 | -4.0% |
| New York-Northern New Jersey-Long Island | NY-NJ-PA | $404,100 | 2.8% |
| New York-Wayne-White Plains | NY-NJ | $470,100 | 4.3% |
| NY: Edison | NJ | $355,800 | 3.5% |
| NY: Nassau-Suffolk | NY | $385,500 | 0.2% |
| NY: Newark-Union | NJ-PA | $398,900 | 3.5% |
| Norwich-New London | CT | $206,200 | -5.0% |
| Ocala | FL | $82,200 | -20.0% |
| Oklahoma City | OK | $135,500 | -6.0% |
| Omaha | NE-IA | $138,300 | 0.5% |
| Orlando | FL | $140,500 | -11.0% |
| Palm Bay-Melbourne-Titusville | FL | $93,100 | -15.0% |
| Pensacola-Ferry Pass-Brent | FL | $140,300 | -7.5% |
| Peoria | IL | $124,000 | -1.0% |
| Philadelphia-Camden-Wilmington | PA-NJ-DE-MD | $231,000 | 1.5% |
| Phoenix-Mesa-Scottsdale | AZ | $138,000 | -3.3% |
| Pittsfield | MA | $203,500 | 1.5% |
| Portland-South Portland-Biddeford | ME | $227,100 | 12.0% |
| Portland-Vancouver-Beaverton | OR-WA | $242,100 | -1.0% |
| Providence-New Bedford-Fall River | RI-MA | $230,900 | 0.5% |
| Raleigh-Cary | NC | $209,100 | 0.6% |
| Reading | PA | $153,200 | -2.0% |
| Reno-Sparks | NV | $181,000 | -5.8% |
| Richmond | VA | $220,600 | 5.9% |
| Riverside-San Bernardino-Ontario | CA | $190,100 | 13.1% |
| Rochester | NY | $121,700 | 0.2% |
| Rockford | IL | $106,900 | -1.7% |
| Sacramento--Arden-Arcade--Roseville | CA | $185,000 | -0.9% |
| Saginaw-Saginaw Township North | MI | N/A | N/A |
| Saint Louis | MO-IL | $135,400 | -0.1% |
| Salem | OR | $168,100 | -6.8% |
| Salt Lake City | UT | $215,600 | -1.5% |
| San Antonio | TX | $158,000 | 3.4% |
| San Diego-Carlsbad-San Marcos | CA | $387,600 | 2.5% |
| San Francisco-Oakland-Fremont | CA | $588,900 | 9.4% |
| San Jose-Sunnyvale-Santa Clara | CA | $628,700 | 11.1% |
| Sarasota-Bradenton-Venice | FL | $166,700 | -10.0% |
| Seattle-Tacoma-Bellevue | WA | $308,200 | -4.1% |
| Shreveport-Bossier City | LA | $168,600 | 10.7% |
| Sioux Falls | SD | $147,500 | 7.5% |
| South Bend-Mishawaka | IN | $79,100 | -10.6% |
| Spartanburg | SC | $115,500 | -9.2% |
| Spokane | WA | $181,000 | 1.9% |
| Springfield | IL | $118,700 | 3.8% |
| Springfield | MA | $199,700 | 2.2% |
| Springfield | MO | $111,800 | -1.8% |
| Syracuse | NY | $130,000 | 3.8% |
| Tallahassee | FL | $140,100 | -4.0% |
| Tampa-St.Petersburg-Clearwater | FL | $131,300 | -4.4% |
| Toledo | OH | $79,000 | -10.5% |
| Topeka | KS | $112,000 | 0.8% |
| Trenton-Ewing | NJ | $292,000 | 0.3% |
| Tucson | AZ | $148,100 | -14.9% |
| Tulsa | OK | $136,600 | 3.4% |
| Virginia Beach-Norfolk-Newport News | VA-NC | $215,000 | 0.0% |
| Washington-Arlington-Alexandria | DC-VA-MD-WV | $338,600 | 4.3% |
| Waterloo/Cedar Falls | IA | $110,600 | -6.4% |
| Wichita | KS | $114,600 | -4.8% |
| Worcester | MA | $225,900 | 0.8% |
| Yakima | WA | $157,300 | -0.7% |
| Youngstown-Warren-Boardman | OH-PA | $60,400 | -14.6% |
| U.S. | $177,900 | -0.2% | |
| NE | $253,400 | 2.5% | |
| MW | $145,600 | -3.0% | |
| SO | $157,000 | -1.9% | |
| WE | $224,800 | -0.4% |
| Metro Area | State | Median Price 3Q 2010 |
% Change (1-yr) |
|---|---|---|---|
| Albuquerque | NM | $136,300 | -2.2% |
| Atlanta-Sandy Springs-Marietta | GA | #VALUE! | N/A |
| Austin-Round Rock | TX | $160,700 | 4.2% |
| Baltimore-Towson | MD | $210,100 | 2.7% |
| Barnstable Town | MA | $244,200 | 4.2% |
| Bismarck | ND | $121,300 | 1.9% |
| Boston-Cambridge-Quincy | MA-NH | $308,000 | 4.9% |
| Boulder | CO | $211,300 | 2.1% |
| Bridgeport-Stamford-Norwalk | CT | $239,500 | -1.0% |
| Cape Coral-Fort Myers | FL | $103,500 | -12.0% |
| Chicago-Naperville-Joliet | IL | $167,300 | -16.2% |
| Cincinnati-Middletown | OH-KY-IN | $119,800 | 0.1% |
| Cleveland-Elyria-Mentor | OH | #VALUE! | N/A |
| Colorado Springs | CO | $133,500 | 3.3% |
| Columbus | OH | $120,900 | -1.1% |
| Dallas-Fort Worth-Arlington | TX | $135,200 | 3.0% |
| Greensboro-High Point | NC | #VALUE! | N/A |
| Hartford-West Hartford-East Hartford | CT | $174,200 | 4.8% |
| Honolulu | HI | $320,300 | N/A |
| Houston-Baytown-Sugar Land | TX | $119,100 | -8.5% |
| Indianapolis | IN | $115,800 | 1.2% |
| Jacksonville | FL | $63,200 | -31.0% |
| Knoxville | TN | $132,400 | -5.4% |
| Las Vegas-Paradise | NV | $63,600 | -5.9% |
| Los Angeles-Long Beach-Santa Ana | CA | $220,500 | -5.2% |
| Louisville | KY-IN | $125,800 | 2.0% |
| Madison | WI | $162,400 | 9.4% |
| Manchester-Nashua | NH | $157,300 | -4.0% |
| Miami-Fort Lauderdale-Miami Beach | FL | $82,900 | -18.6% |
| Milwaukee-Waukesha-West Allis | WI | $165,400 | 7.1% |
| New Haven-Milford | CT | $158,100 | -8.9% |
| New Orleans-Metairie-Kenner | LA | $172,200 | 5.6% |
| Norwich-New London | CT | $184,900 | 17.1% |
| New York-Wayne-White Plains | NY-NJ | $400,000 | 34.5% |
| NY: Newark-Union | NJ-PA | $298,500 | 5.9% |
| NY:Edison | NJ | $259,900 | 2.8% |
| NY:Nassau-Suffolk | NY | $236,500 | 5.4% |
| Palm Bay-Melbourne-Titusville | FL | $73,000 | -32.0% |
| Philadelphia-Camden-Wilmington | PA-NJ-DE-MD | $187,800 | 1.8% |
| Phoenix-Mesa-Scottsdale | AZ | $73,300 | -26.8% |
| Portland-South Portland-Biddeford | ME | $182,900 | 3.4% |
| Portland-Vancouver-Beaverton | OR-WA | $175,700 | -3.6% |
| Providence-New Bedford-Fall River | RI-MA | $202,600 | 8.7% |
| Reno-Sparks | NV | $82,400 | 1.4% |
| Richmond | VA | #VALUE! | N/A |
| Riverside-San Bernardino-Ontario | CA | #VALUE! | N/A |
| Rochester | NY | $119,500 | 2.7% |
| Sacramento--Arden-Arcade--Roseville | CA | $86,500 | -12.2% |
| Salt Lake City | UT | $156,500 | -0.5% |
| San Diego-Carlsbad-San Marcos | CA | $217,700 | 1.2% |
| San Francisco-Oakland-Fremont | CA | $405,600 | -6.3% |
| Sarasota-Bradenton-Venice | FL | $153,800 | -18.0% |
| Springfield | MA | $140,000 | -9.6% |
| Syracuse | NY | $150,700 | 20.1% |
| Tallahassee | FL | $100,000 | -9.7% |
| Tampa-St. Petersburg-Clearwater | FL | $86,500 | -17.0% |
| Toledo | OH | $124,400 | -4.6% |
| Trenton-Ewing | NJ | $208,600 | -8.1% |
| Tucson | AZ | #VALUE! | N/A |
| Virginia Beach-Norfolk-Newport News | VA-NC | $198,900 | 4.7% |
| Washington-Arlington-Alexandria | DC-VA-MD-WV | $238,900 | -2.2% |
| Wichita | KS | $85,800 | -20.7% |
| Worcester | MA | $173,600 | 6.2% |
| U.S. | $171,400 | -3.9% | |
| NE | $251,000 | 5.5% | |
| MW | $149,700 | -5.3% | |
| SO | $116,900 | -12.6% | |
| WE | $151,700 | -9.1% |
| State | Total Sales | % Change (1-yr) |
|---|---|---|
| ALABAMA | $63,600 | -16.3% |
| ALASKA | $16,800 | -26.3% |
| ARIZONA | $131,200 | -13.7% |
| ARKANSAS | $53,200 | -15.3% |
| CALIFORNIA | $439,600 | -13.0% |
| COLORADO | $76,400 | -21.1% |
| CONNECTICUT | $37,200 | -18.4% |
| DELAWARE | $8,800 | -31.3% |
| District of Columbia | $8,000 | -9.1% |
| FLORIDA | $350,000 | -1.0% |
| GEORGIA | $148,800 | -15.8% |
| HAWAII | $18,400 | -4.2% |
| IDAHO | $26,000 | -8.5% |
| ILLINOIS | $142,400 | -24.6% |
| INDIANA | $88,000 | -15.4% |
| IOWA | $41,200 | -29.5% |
| KANSAS | $41,600 | -28.3% |
| KENTUCKY | $58,000 | -24.1% |
| LOUISIANA | $46,400 | -18.9% |
| MAINE | $19,200 | -14.3% |
| MARYLAND | $65,200 | -13.3% |
| MASSACHUSETTS | $88,000 | -19.7% |
| MICHIGAN | $119,600 | -30.1% |
| MINNESOTA | $60,800 | -37.4% |
| MISSISSIPPI | $37,600 | -11.3% |
| MISSOURI | $74,400 | -32.4% |
| MONTANA | $17,600 | -21.4% |
| NEBRASKA | $24,400 | -33.0% |
| NEVADA | $87,200 | -17.4% |
| NEW HAMPSHIRE | $16,400 | -14.6% |
| NEW JERSEY | $101,000 | -22.2% |
| NEW MEXICO | $24,800 | -24.4% |
| NEW YORK | $195,600 | -27.1% |
| NORTH CAROLINA | $112,800 | -21.2% |
| NORTH DAKOTA | $9,200 | -34.3% |
| OHIO | $188,400 | -27.0% |
| OKLAHOMA | $58,800 | -30.7% |
| OREGON | $44,400 | -21.3% |
| PENNSYLVANIA | $135,200 | -26.7% |
| RHODE ISLAND | $12,000 | -25.0% |
| SOUTH CAROLINA | $58,800 | -19.7% |
| SOUTH DAKOTA | $12,000 | -31.8% |
| TENNESSEE | $83,200 | -23.2% |
| TEXAS | $358,400 | -20.8% |
| UTAH | $22,000 | -29.5% |
| VERMONT | $8,000 | -28.6% |
| VIRGINIA | $103,200 | -17.0% |
| WASHINGTON | $68,400 | -18.6% |
| WEST VIRGINIA | $24,400 | -15.3% |
| WISCONSIN | $61,600 | -32.5% |
| WYOMING | $7,200 | -25.0% |
| United States | $4,163,000 | -21.2% |
| Northeast | $693,000 | -24.4% |
| Midwest | $860,000 | -28.9% |
| South | $1,637,000 | -16.4% |
| West | $973,000 | -18.2% |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.80% | 3.80% | |
| 15 yr fixed | 3.09% | 3.11% | |
| 5/1 ARM | 2.65% | 2.69% | |
| 30 yr refi | 3.77% | 3.86% | |
| 15 yr refi | 3.09% | 3.21% |
Today's featured rates:
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|---|---|---|---|
| Dow | 12,454.83 | -74.92 | -0.60% |
| Nasdaq | 2,837.53 | -1.85 | -0.07% |
| S&P 500 | 1,317.82 | -2.86 | -0.22% |
| Treasuries | 1.74 | -0.01 | -0.80% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.15 | 0.01 | 0.14% |
| Sprint Nextel Corp | 2.62 | 0.09 | 3.56% |
| Cisco Systems Inc | 16.33 | -0.06 | -0.37% |
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| Ford Motor Co | 10.60 | 0.01 | 0.09% |
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