October Of 2021 Home Sales Stats

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On November 22, 2021, National Association of Realtors® (NAR) reported that a median home value price was $353,900 in October of 2021 jumped 13.1% from the price of $313,000 in October of 2020.

Single family home sales were at annual rate of 5.66 million units in October of 2021 higher 1.3% from the annual rate of 5.59 million home sales in September of 2021, but declined 5.8% from home sales rate in October of 2020. The median single family home price was $360,800 in October of 2021, rose 13.5% from October of 2020.

Condominium and co-op sales decreased 2.9% to an annual rate of 680,000 units in October of 2021 from 700,000 in September of 2021, and lower 5.6% from October of 2020. Median existing condo price was $296.00 in October of 2021, increased 8.7% from October of 2020.

Distressed homes sales were 1.0% in October of 2021 unchanged from 1.0% in September of 2021, and same as from 1.0% in October of 2020. 

Lawrence Yun, NAR chief economist, stated "Record-high stock markets and all-time high home prices have worked to significantly raise total consumer wealth and, when coupled with extended remote work flexibility, elevated housing demand in vacation regions."

For more complete information, on NAR's October 2021 home sales stats, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (16)

Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Nov 28, 2021 07:34 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello John and thanks for sharing today blog with us to see what is having in your area.

 

Nov 28, 2021 09:27 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Sunday morning, John.

Have a great day and an outstanding week.

Nov 28, 2021 09:35 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative.  Have a wonderful day as well! Thanks for the comment.

Nov 28, 2021 09:58 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Will Hamm you are welcome, and glad you find the report very helpful with everyone to see what is having in their areas. Thanks for the comment.

Nov 28, 2021 10:00 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good Sunday morning to you too Roy Kelley. Have a great day and an outstanding week as well. Thanks for the comment.

Nov 28, 2021 10:02 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

John, thanks for sharing these home sales stats with us, and hope you are enjoying your day.

Nov 28, 2021 12:45 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Joan Cox you are welcome, and glad you find the very helpful. Thank you, and I home you are enjoying your day as well. Thanks for the comment.

Nov 28, 2021 05:23 PM
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate Brokered by Real - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Prices have gone up exponentially everywhere in the last year John. Wishing you a wonderful end of year and the best through 2022!

Nov 28, 2021 05:58 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Wanda Kubat-Nerdin - Wanda Can! you are right, prices have gone up exponentially everywhere in the last year. Thank you, wishing you a wonderful end of year and the best through 2022 as well! Thanks for the comment.

Nov 28, 2021 08:19 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning John - indeed, vacation regions are in demand.  Why not when you can choose where you want to work.

Nov 29, 2021 06:04 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Good evening Grant Schneider you are right, vacation regions are in demand. Very true, why not when choose where you want to work. Thanks for the comment.

Nov 29, 2021 06:03 PM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

That is wild. I am used to my market being below national median - not above it

Dec 01, 2021 09:21 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Rocky Dickerson you are right, it is a wild market and some areas are below while other market areas are above median prices. Thanks for the comment.

Dec 02, 2021 03:00 PM
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi John,

Thank you for sharing the real estate information. 

Buyers and sellers in your area will benefit from your expertise. 

Wishing you continued success.

Bob

Dec 08, 2021 03:44 AM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Bob Crane you are welcome, and glad you find the real estate report very informative and beneficial for buyers and sellers in my area. Wishing you continued success too. Thanks for the comment.

Dec 12, 2021 01:00 PM