Home sales in October: By the numbers
A new analysis -- by which I mean, of course, number-crunching and general squinting here at Wonk central -- shows that the big drop in Baltimore-area home sales in October was a pain felt in the vast majority of communities.
Here's a look at trends at the ZIP code level, taken from deals tracked by Metropolitan Regional Information Systems. I'm including the 87 ZIP codes that had at least five sales in October 2007 and at least five sales in October 2006:
SALES TRENDS:
Number of ZIP codes where home sales fell: 70
Number where sales rose: 10
Number with no change in sales figures: 7
PRICE TRENDS:
Number where prices increased: 35
Number with no change in price: 8
And finally, some FUN (or not so fun) FACTS:
Number of ZIP codes where average prices topped $500,000: 10
Number of ZIP codes with average prices under $200,000: 14
Number of the 10 most expensive ZIP codes that saw a decrease in average prices: 2
Number of the 10 cheapest ZIP codes that saw a decrease in average prices: 8
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