RE/MAX Releases September Monthly Housing Report

Pending sales were up 37.2% over September 2013. Month-over-month, the cooler weather has helped to contribute to a seasonally-expected decline of -15.8% in home sales, with pending sales up 11.3%. Across the region, homes are staying on the market an average of 4 additional days, while median price is down -5.3% on average.

• In Connecticut, the number of total transactions is up 2.8% year-over-year and median price declined -4.1%. Pending sales were up 41.5% year-over-year.

• Massachusetts showed a decrease of -2.9% in total transactions year-over-year. The median price increased 0.3%. Pending sales were up 50.2% over September of 2013 – once again, the highest in the region.

• Maine showed an increase of 5.7% in total transactions year-over-year. The median price increased 1.3%. Pending sales were up 28.5% over September of 2013.

• In New Hampshire, home transactions increased 1.7% year-over-year, and median price remained unchanged. Pending sales were up 10.5% year-over-year.

• Rhode Island home transactions rose 4.0%, while median price decreased -2.1%. Pending sales were up 13.3% year-over-year.

• Vermont showed an increase in total transactions, up 2.9%, while median price decreased -3.9% year-over-year. Pending sales were up 27.1% year-over-year.