Today we released our October 2011 pending sales report and for the sixth straight month single-family pending sales were up over the same time last year. Condominium pending sales were down from last year. On a month-to-month basis it was a split decision as well with condos up and single-family homes down.
Here are the highlights:
- Single-family pending home sales were up 6.2% compared to October 2010
- Single-family month-to-month pending home sales were down 2.0% from September 2011
- Condo pending home sales were down 2.0% compared to October 2010
- Condo pending month-to-month home sales were up 5.6% from September 2011