According to a report from Weekly Real Estate News, new single-family home sales experienced a decline in October. This information is based on the median and average sales prices of new houses sold during that month. The report reveals that the median sales price of these properties was $409,300, while the average sales price reached $487,000.

Key points:
– New single-family home sales decreased in October.
– The median sales price of new houses sold was $409,300.
– The average sales price of new houses sold was $487,000.

It is worth noting that this data provides valuable insights into the current state of the real estate market and can be useful for individuals involved in the mortgage industry.

You can read this full article at:

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.