October 2022 was yet another record-breaking month but only in two categories. In this report, the DMAR Market Trends Committee examined the various records broken last month.
CLOSE PRICE — MEDIAN
(Residential) $566,000 represents the highest October on record. The previous record was 2021 of $534,700.
(Detached) $622,490 represents the highest October on record. The previous record was 2021 of $584,500.
(Attached) $405,000 represents the highest October on record. The previous record was 2021 of $375,000.
CLOSE PRICE — AVERAGE
(Residential) $661,335 represents the highest October on record. The previous record high was 2021 of $611,076.
(Detached) $738,145 represents the highest October on record. The previous record high was 2021 of $684,141.
(Attached) $479,119 represents the highest October on record. The previous record high was 2021 of $440,036.
Source: https://www.dmarealtors.com/