Sales were off but pending sales increased. It's still very much a seller's market.
Single-Family:
Sales fell 15% in October. It looks like some sales were delayed and will probably show up in the November numbers. The average sales price increased by 4% while the median price was flat. Pending sales were up by 7%. The number of new listings dropped by 4% and the active listings declined by 3%. The months of inventory now stands at 1.6 months. About 40% of the listings are builder's new homes so if you are looking for an existing home you have even a smaller supply to chose from.
Sale: 120
Average Sales Price: $323,746
Median Sales Price: $270,750
Pending Sales: 132
New Listings: 131
Active Listings: 186
Months of Inventory: 1.6
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