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November Shows Slight Increase In Closed Sales, Median Price

Click to expand. Image from RBI

The numbers are in and November 2011 was one of the better Novembers in recent memory. Both the median sales price and number of closed sales were up slightly compared to October, which is not usually the way things go as the year winds down. The biggest difference with November of this year is that there were many fewer active listings—about five thousand fewer than the five year average (which is 17,661). Click over for the full report.

· Pending Sales Index November 2011 [RBI/MRIS]