The median price dropped at least $20,000 in each of the county’s housing categories last month when compared with November 2005, DataQuick reported today.
The single-family resale house category fared the best, falling from $565,000 to $540,000 – a 4.4 percent drop – last month. Sales were down 23.9 percent in that category.
For the 559 existing condos and townhomes sold last month, the median price was $375,000. That’s down about 5 percent from November 2005. And sales were down one-third from 840 last November.
That brought the existing home sales to 2,057, exactly 700 fewer than sold in November 2005, and nearly 300 fewer than were sold in October.
New construction median prices experienced the most drastic drop, falling 13.8 percent to $455,000. That’s down from last November’s median of $528,000. About 200 fewer new homes, 970, sold last month than a year ago.
Earlier this morning I reported the all-home median price, which was down a record 6.9 percent from the peak last November.