The median price of a single-family home (the figure at which half of the homes sold for more and half for less) rose 4.4 percent to $235,000 and the average price increased 4.3 percent to $295,084. Both represent the highest prices ever for a November. All housing segments experienced gains except for homes priced at $150,000 and below The best-performing segment was the luxury market, consisting of homes priced at $750,000 and above, which climbed 12.3 percent.
Sales of all property types totaled 7,400 – statistically flat versus last year. November’s total dollar volume increased 3.9 percent to $2.1 billion.