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A total of 1,578 homes sold in September 2019, an increase of 10.58% from September 2018 home sales of 1,427.
Active listings decreased this month compared with 2018. Listings were down by about 37% below last year, with 2,616 active listings in September, compared with 4,134 homes available in September 2018.
The average home sale price rose by 4.68% compared with last September, to $600,398. The September 2018 average price was $573,555.
The median sold price of homes this September, which was $510,000, rose by 3.24% compared to the median price of $494,000 in September 2018.
Read more about the NVAR region housing market in GMU-CRA Market Metrics articles published in NVAR’s RE+VIEW magazine, found at NVAR.com/review.