ACAR Housing Stats for October 2015
October sales are tapering off as we enter the final quarter of 2015, with 779 homes sold in October compared to 813 in September. A Median Price of $230,000 is consistent with several previous months now. When taking a closer look, the median price of New Construction sales is $320,000, elevating the overall October median price, though not by as much as you might expect, as the median price of Resales is $210,000. All other statistics remain consistent:
• 779 Homes Sold in October 2015
• $230,000 was the Median Price
• 45 was the Average Number of Days on Market