(HAR Report): Homes priced at $750,000 and up surged 81.6 percent compared to October 2019. That was followed by the $500,000 to $750,000 housing segment, which jumped 78.4 percent year-over-year. Homes between $250,000 and $500,000, which make up the market’s biggest share of sales, also achieved notable increases over last year.
The single-family home median price rose 11.1 percent to $266,685 while the average price increased 12.4 percent to $334,996. Both figures are record highs for an October. Year-to-date sales are currently 7.7 percent ahead of 2019’s record pace.