Business & Tech

Apple Valley October Home Sales Double October 2010

Closed sales for the year to date exceeded last year's by 88 at the end of October, though the year-to-date median sales price remains lower.

The number of closed sales on homes in Apple Valley during October 2011 more than doubled from the number that sold in October 2010, according to the latest report from the Minneapolis Area Association of Realtors.

There were 86 closed sales this past month, compared to 40 in October last year. That brings the year-to-date total of closed sales to 612, ahead of the 524 by October 2010's end.

October's 86 closed sales also (which also beat September 2010, at 53).

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In contrast to last month's figures, the median sales price in October actually was higher than during October 2010, but by less than $2,000. In September, the median home price was about $26,000 less than in September 2010.

Year to date, median home prices in Apple Valley still fall short of last year to date, by almost $30,000.

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New listings were down in October compared to last year, and year-to-date.

Apple Valley Patch reports weekly the homes that were sold in the past week. Check out .

 


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