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Volume up, but median price still dropping in home sales October sales of Conejo Valley single-family homes totaled 112 compared to 95 sold in September and 68 a year ago, according to Patti Hepple, president of the Conejo Valley Association of Realtors. The median sales price for single-family homes in October was $649,038; in October 2007, it was $777,778. The median price is the point where half of the units sold for more and half for less. Total sales for all real estate transactions in October were $100.2 million; forOctober a year ago the total was $76.4 million. New residential listings totaled 283 inOctober compared to 320 in the same month the previous year, and 269 in September 2008. |
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