ACAR Housing Stats for October 2016

ACAR reports similar figures to those reflected in September’s data. There were 1,950 Active Residential Listings in October. The Median Price has been straddling the $240,000 – $253,000 range for the past five months. Builders and developers continue to surge toward year-end, with a jump in the median price from $311,500 (in September) to $328,024 in October. Below are other key stats:

• 870 Homes Sold in October 2016
• $252,000 was the Median Price
• 43 was the Average Number of Days on Market