This post was contributed by a community member. The views expressed here are the author's own.

Neighbor News

RE/MAX INTEGRA, New England October Housing Report

Sales increased by 3.8%, and pending sales were up 12% over October 2014.

The residential market in New England remained steady through October 2015, with a modest 3.8% increase in sales over October 2014. Across the region, pending sales were up 12% while average days on market decreased by nearly 11%.

Month-over-month, the market followed traditional seasonal trends with a 6.6% decrease in sales and slight decreases in median price and pending sales.

“There was little movement in the October market other than typical season declines in units & inventory,” said Dan Breault, EVP/Regional Director of RE/MAX INTEGRA, New England. “We’re seeing a strong market even as we move into the slower season.”

Find out what's happening in Ellington-Somersfor free with the latest updates from Patch.

The views expressed in this post are the author's own. Want to post on Patch?