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Business

Wichita home prices see decline in December

BY DAN VOORHIS

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February 08, 2011 12:00 AM

Wichita-area home prices in December were down 4.61 percent from December 2009, according to the CoreLogic, a national real estate data firm.

When excluding distressed sales, the year-over-year price decline was 0.59 percent.

Distressed sales include short sales and real estate owned transactions.

Nationally, home prices fell for the fifth month in a row, down 5.46 percent with distressed sales and 2.31 percent excluding distressed sales.

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