Iowa house sales down, prices up in October

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The median price of houses that sold in Iowa in October rose to $137,500 from $126,500 in October 2014, the Iowa Association of Realtors said today. Sales dropped 8.3 percent from a year ago to 3,412. However, sales through the third quarter of the year are up 5.8 percent over the same period last year. Houses sold in October were on the market an average 69 days, compared with 86 days in October 2014.

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