RealtyTrac, an online marketplace for real estate data, released its first-ever U.S. Residential Sales Report. It says that U.S. residential property sales reached an estimated annualized pace of 5.3 million in June 2013, up 2 percent from the previous month and up 8 percent from a year ago.

The report also shows a national median sales price of $168,000 a month, up 3 percent from the previous month and up 5 percent from a year ago. The median price of a distressed sale — in foreclosure or bank owned — was $120,000, 34 percent below the median price of a non-distressed sale ($181,000).

All-cash purchases accounted for 30 percent of all sales in June, down from 31 percent of all sales in the previous month and a year ago according to the report. Metro areas with higher percentages of cash sales included Cape Coral-Fort Myers Fla., at 70 percent, Miami at 64 percent, Las Vegas at 62 percent, Sarasota, Fla., (59 percent), Tampa, Fla., at 58 percent and Detroit at 56 percent.

Institutional investor purchases, sales to non-lending entities that purchased at least 10 properties in the last 12 months, accounted for 9 percent of all residential sales in June, up from 8 percent of all sales in May but down 10 percent of all sales in June 2012. States with the highest percentage of institutional investor sales included Georgia (23 percent), Nevada (16 percent), Arizona (15 percent), Oklahoma (13 percent), North Carolina (12 percent) and Florida (12 percent).

Sales of bank-owned properties accounted for 9 percent of all residential sales in June, down from 10 percent in May 2013 and on par with a year ago. Metro areas where REO sales accounted for higher percentages of total sales included Detroit at 24 percent, Modesto, Calif., at 24 percent, Stockton, Calif., at 24 percent, Las Vegas at 22 percent and Akron, Ohio at 21 percent.

Short sales, where the sale price is below the combined total of outstanding mortgages secured by the property, accounted for 14 percent of all residential sales in June, down from 15 percent in May but up from 8 percent a year ago. States with the highest percentage of short sales in June included Nevada (30 percent), Florida (29 percent), Maryland (21 percent), Tennessee (19 percent) and Arizona (19 percent).

Metro areas with annual increases in median prices of 20 percent or more included Sacramento, Calif., at 35 percent, San Francisco at 30 percent, Los Angeles at 27 percent, Las Vegas at 26 percent and Phoenix at 25 percent.

States with the biggest distressed sale discount included Ohio at 58 percent, Michigan at 48 percent, Illinois at 47 percent, Massachusetts at 46 percent and Wisconsin at 45 percent.

Daren Blomquist, vice president at RealtyTrac, said, “The U.S. housing market is slowly but surely moving toward a more normalized and sustainable pattern  after a flurry of institutional and cash buyers flocked to residential real estate last year, pushing up prices and picking clean the best inventory available in many areas. Rising home values should continue to unlock more non-distressed inventory while also pricing institutional investors out of more markets, which, combined with rising interest rates, will cool off the pace of price appreciation.”