The fall rebuild arrived.
Eighteen single-family closings against nine last October. Total dollar volume jumped from six million to nearly fifteen million. Median sale price came in at seven hundred ninety-five thousand against seven hundred sixty-five thousand a year ago, the cleanest year-over-year median read in three months. Average sale price up sixteen percent.
What drove the rebound: the patient inventory that had been sitting through summer finally found buyers, and the upper end re-engaged in volume. The clock got longer with it (sold days on market jumped from twenty-five to seventy), but that is the reality of clearing older inventory rather than a sign of new weakness.
This is the kind of month that retroactively normalizes a thin summer. The buyer pool that did not arrive in September arrived in October. Inventory shrank against new listings dropping forty percent year over year, the first real sign of supply easing.