Homes Prices up 8.7% in October; Sales in 2015 Outpace Last Year.

WASHINGTON, D.C. – November 25, 2015 – (RealEstateRama) — Home sales dropped 8.3 percent from October of last year. 3,412 homes sold last month, while 3,719 homes sold in October 2014. Despite this drop in sales, total sales for the year is 5.8 percent higher than in 2014.

The information used to create the IAR 2015 October Housing Trends Report was current as of November 23 at 7:30 a.m. The information is subject to change due to the dynamic nature of the IAR’s housing statistics system, which is updated hourly based on information present in local participating MLS (multiple listing service) systems.

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