ACAR housing stats for October 2014
There was a surge in sales to report for October 2014, starting the fourth quarter on a high note as we move toward year end. As Marc Lebowitz of Ada County Association of Realtors® commented, “Historically, October sales decrease from September levels by an average of 3%. This year, there was an increase of 2%.” Every price point above $160,000 showed improvement over last month – good news! Here is a brief overview of the Ada County statistics:
- 665 Homes sold in October 2014
- $208,698 is the Median Home Price
- 3.9 months of Available Inventory
- 59 Days on Market is the Average
For more statistical information, please see: http://myacar.com/october-market-report-told-happen/