September stats are in and there really isn’t much of a surprise. Existing home sales are down from August, which is normal. The drop was about 9.9% from August sales. That is a little higher than the average drop in September. The average drop from August to September is 8.93%. The average sale price for September was 324,500. That is a price dropped 2.05% from August. However, that is still 2.75% over the same month last year. Right now I am taking a wait and see approach to the direction of the market. October through January are normally much slower than the rest of the year.
If you would like to see more stats use the links below:
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