Austin Home Sales Down in October From 2011

Austin single-family home sales dropped 23 percent in October compared to a year earlier, but they’re still up 4.2 percent year-to-date.

For October, there were 30 home sales, down from 39 last year, according to newly released statistics from the Southeast Minnesota Association of Realtors. Year-to-date there were 323 sales, up from 310 in the first 10 months of 2011.

“It feels like a stronger market,” said Joe Fuhrman, owner of Fuhrman Real Estate in Austin. “Interest rates are extremely low, and we have a good supply of homes yet.”

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Authored By Mike Klein – See the Full Story at the Post Bulletin

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