October 2013 Market Report is Now Available

 Download now: October 2013 Market Report

YTD (October 2012 vs October 2013) Single Family Highlights:

•Increase in the Number of Closed Sales to 37,525 (up 19.3%)
•Average Days on Market decreased to 51 days (from 78 days)
•Number of Active Listings decreased 0.2% to 8,121
•Average Sold Price increased 10.0% (from $302,956 to $333,381)
•Units Placed Under Contract increased 22.1% to 48,674
•Total Sales Volume increased 31.2% from $9.5 billion to $12.5 billion
•Absorption Rate decreased from 2.6 months to 2.2 months

YTD (October 2012 vs October 2013) Condo/Town Home Highlights:

•Increase in the Number of Closed Sales to 9,770 (up 26.2%)
•Average Days on Market decreased to 46 days (from 79 days)
•Number of Active Listings decreased 0.1% to 1,613
•Average Sold Price increased 11.1% (from $177,273 to $196,969)
•Units Placed Under Contract increased 34.0% to 12,841
•Total Sales Volume increased 40.2% from $1.3 billion to $1.9 billion
•Absorption Rate decreased from 2.1 months to 1.7 months


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