Elkhart Real Estate Market Report - October 2011
New Listing are down 6.0% from October 2010,
Closed Sales are up 23.5% from October 2010,
and the Median Sales Price is up 6.7% from October 2010 to $95,000.
The Year-to-Date numbers are as follows ...
New Listings are down 12.1% from 2010,
Closed Sales are down 3.1% from 2010,
and the Median Sales Price is up 3.2% from 2010 to $92,900.
So the October number look promising, but is this just a blip? Let's take a look at how we're trending by looking at the same numbers over the past 3 months.
New Listings are down 12.6% from the same period 2010,
Closed Sales are up 15.7% from Aug, Sept and Oct 2010,
and the Median Sales Price is up 7.5% from 2010 to $97,250.
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