MRED Blog
REinventing MLS
Home prices see uptick in MRED marketplace
Posted by on October 20, 2020
The median residential sales price in MRED’s service area reached its highest mark in a month for the week ending Oct. 18. At $260,000, the median price was a 2.8% week-over-week increase and topped 2019’s price for the same week by 13.9%.
This indicator of a stronger fall market was accompanied by annual increases in closed listings. While new listings and listings under contract both saw week-over-week decreases, each total remained ahead of 2019’s numbers.
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