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Home Prices

 

 

The median home price was $487,095 in September, which was up 3.2 percent from August and a 2.7 percent increase from September of last year.

 

Home Sales

 

 

A seasonally adjusted 41,077 homes were sold in September, which was up 2.1 percent from August and down 7.5 percent from September of last year. Currently, 2017 is trailing 2016 by approximately 19,418 home sales.

 

Inventory - Month's Supply

 

 

The sales-to-new-listings ratio decreased to 55.7 percent in September. This ratio could indicate a balanced market in the majority of regions.