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Monday, October 15, 2012

SEPTEMBER MARKET STATISTICS

Sales of single-family, re-sale homes continued to drop last month, falling 4.6% year-over-year.
Home inventory was off 32.6% from last September.
The median price for homes rose 19.1% year-over-year. The median price has been higher than the year before for the past eight months. The sales price to list price ratio has been over 100% for the past seven months.

The average price for homes was up 18.6% year-over-year.
Pending home sales were up 8.7% year-over-year.

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