Housing Report

October continued to be busier than the calendar normally suggests. Buyer activity remains higher than normal for this time of year, while in many segments of the market housing supply remains much lower than one year ago. Multiple offers remain a common occurrence in many areas, keeping housing hot while the temperatures continue to fall.
New listings increased 7.9 percent for residential homes and 21.5 percent for townhouse/condo homes. Pending sales increased 23.4 percent for residential homes and 42.4 percent for townhouse/condo homes. Inventory decreased 32.9 percent for residential homes and 8.8 percent for townhouse/condo homes.
Median sales price increased 16.3 percent to $237,500 for residential homes but remained flat for townhouse/condo homes. Days on market decreased 20.9 percent for residential homes and 18.8 percent for townhouse/condo homes. Months supply of inventory decreased 34.5 percent for residential homes and 7.7 percent for townhouse/condo homes.
Mortgage rates dropped to new record lows again in October, helping to offset the monthly mortgage payment increases caused by the rise in home prices seen in many segments of the market across the country. While prices often dip a bit in the winter months, continued buyer demand may temper any price retreats this year.
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2020 Housing Reports Archive

September
September 2020 Infographic
September MARIS Stats

August
August 2020 Infographic
August MARIS Stats

July
July 2020 Infographic
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June
June 2020 Infographic
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May
May 2020 Infographic
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April
April 2020 Infographic
April MARIS Stats

March
March 2020 Infographic
March MARIS Stats

February
February 2020 Infographic
February MARIS Stats

January
January 2020 Infographic
January MARIS Stats

2019 Housing Reports Archive

December
December 2019 Infographic
December MARIS Stats

November
November 2019 Infographic
November MARIS Stats

October
October 2019 Infographic
October MARIS Stats

September
September 2019 Infographic
September MARIS Stats

August
August 2019 Infographic
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July
July 2019 Infographic
July MARIS Stats

June
June 2019 Infographic
June MARIS Stats

May
May 2019 Infographic
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April
April 2019 Infographic
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March
March 2019 Infographic
March MARIS Stats

February
February 2019 Infographic
February MARIS Stats

January
January 2019 Infographic
January MARIS Stats

2018 Housing Reports Archive

December
December 2018 Infographic
December MARIS Stats

November
November 2018 News Release
November 2018 Infographic
November MARIS Stats
November 2018 Video

October
October 2018 News Release
October 2018 Infographic
October MARIS Stats
October 2018 Video

September
September 2018 News Release
September 2018 Infographic
September MARIS Stats
September 2018 Video

August
August 2018 News Release
August 2018 Infographic
August MARIS Stats
August 2018 Video

July
July 2018 News Release
July 2018 Infographic
July MARIS Stats
July 2018 Video

June
June 2018 News Release
June 2018 Infographic
June MARIS Stats
June 2018 Video

May
May 2018 News Release
May 2018 Infographic
May 2018 MARIS Stats
May 2018 Video

April
April 2018 News Release
April 2018 Infographic
April 2018 MARIS Stats
April 2018 Video

March
March 2018 News Release
March 2018 Infographic
March 2018 MARIS Stats
March 2018 Video