The October real estate market was definitely slower than it was this time last year. There were only 30 single family homes sold and 28 contracts. Compare this with 40 homes sold in October ’09 and even 35 in September ’10 and it appears that caution was the word of the month. The median sale price for October ’10 was $1,720,000 with median days on market of 119 and a 91% sale price to list price. website down . In October ’09 the median sale price was $1,395,000 with median days on market of 161 and a %92 sale price to list price.
So while the prices were slightly higher this...