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market trends

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

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