The Days on Market (DOM) figure, or the number of days it took the average home to sell, was 52 compared to 54 a year earlier. Inventory registered a 4.0-months supply, up ever so slightly from 3.9 months a year ago.
Broken out by housing segment, September sales performed as follows:
$1 - $99,999: decreased 12.4 percent
$100,000 - $149,999: decreased 15.4 percent
$150,000 - $249,999: decreased 2.0 percent
$250,000 - $499,999: decreased 6.2 percent
$500,000 - $749,999: decreased 3.2 percent
$750,000 and above: increased 2.7 percent
HAR also breaks out sales data for existing single-family homes. Existing home sales totaled 5,485 in September, a decline of 4.6 percent versus the same month last year. The average sales price fell 0.5 percent to $279,043 while the median sales price rose 0.5 percent to $219,900.