Metro East Update: October 2024 Real Estate Market Shows Strong Growth

The latest data from MORE, REALTORS® reveals that the metro east real estate market continues to experience strong growth. In October 2024, the median sold price for homes in the metro east update was $205,000, representing an 11.14% increase from the same time last year when the median sold price was $184,450. This also marks a 2.22% increase from September 2024, when the median sold price was $200,550.

The median list price for homes in the metro east update also saw an increase, reaching $199,900 in October 2024, an 8.38% jump from October 2023’s median list price of $184,450. Additionally, there were 625 home sales in the metro east update during October 2024, a 4.17% increase from the 600 sales recorded in October 2023.

As seen in the chart below, which is available exclusively from MORE, REALTORS®, the metro east real estate market has been consistently on the rise. This growth is a positive sign for both buyers and sellers in the area. With a strong demand for homes and rising prices, now may be the perfect time to make a move in the metro east market. Trust the experts at MORE, REALTORS® to guide you through the process and help you achieve your real estate goals.

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