Real Estate & Construction  November 28, 2014

Home sales have an October to remember

Driven by the best October on record, local residential real estate sales are now up 2 percent over last year and the median price has hit a record $262,500, up 5 percent from this time last year.

October sales were up 18.6 percent compared with last year and the median price of $266,750 was up 8 percent. From a low point of 983 homes sold in 2010, home sales in October 2014 totaled a record 1,439.

For the year to date, all areas are experiencing substantial price increases ranging from 5.1 percent in Boulder County to…

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