There were two more homes sold in the Wichita area in November than in October, according to figures from the Wichita Area Association of Realtors today.
That's the good news: 549 homes sold in November, driven by a jump of 12 in new home sales.
But the bad news continues to follow a second half 2010 trend: the 549 homes sold in November is far off the 801 sold in November 2009, a figure analysts say is inflated by buyers chasing the federal homebuyer tax credits.
Here are the numbers: 549 total homes were sold in November, 58 new and 491 existing, up 12 on the new side and down 10 on the existing side.
That's way down from November 2009, the last of six consecutive months of big sales numbers largely driven by the tax credits.
In December 2009, sales fell off to numbers consistent with current trends as the first round of credits lapsed.
There are some signs of optimism in the market, said John McKenzie, president of Wichita's Coldwell Banker Plaza Real Estate: at least one major employer is recruiting again. McKenzie declined to identify the employer.