Homes that went to closing in October spent an average of 53 days on the market, a notable improvement from the 61 days required a year before, and garnered 96.6 percent of listing price, up from 96.1 percent. Listings coming onto the market also were down substantially compared to a year before.
Inventory continues to be tighter than it was a year ago, with the 3,298 homes on the market at the end of October down 22 percent from the 4,228 available for perusal a year ago.
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