The holidays are in full effect and homes are starting to don the rich reds and oranges of the season along with inviting scents of pies, turkeys and ham. Amidst all the holiday bustle, we are taking time to reflect on the housing market this season compared to last. In line with what economic and housing pundits are saying, we are truly seeing a pattern of improvement in the real estate market. In fact, for the month of October, all of our major markets saw a sizeable increase in average sales prices, rapidly decreasing inventory and strong increases in unit sales. With the election season over, looming questions about economic policy have clearer answers and companies can make better informed decisions about hiring. This will also have an impact on the housing market as there is an obvious intrinsic relationship between housing and the job market.
Below, we have presented our monthly data on how the market performed throughout the northeast for the month of October. For more information and to access the fastest housing numbers available, visit Local Housing Data .