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Digging Deeper: October 2022 Records

October 2022 was yet another record-breaking month but only in two categories. In this report, the DMAR Market Trends Committee examined the various records broken last month.

CLOSE PRICE — MEDIAN

(Residential) $566,000 represents the highest October on record. The previous record was 2021 of $534,700.

(Detached) $622,490 represents the highest October on record. The previous record was 2021 of $584,500.

(Attached) $405,000 represents the highest October on record. The previous record was 2021 of $375,000.

 

CLOSE PRICE — AVERAGE

(Residential) $661,335 represents the highest October on record. The previous record high was 2021 of $611,076.

(Detached) $738,145 represents the highest October on record. The previous record high was 2021 of $684,141.

(Attached) $479,119 represents the highest October on record. The previous record high was 2021 of $440,036.

 

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