October home sales for Manitowoc County are somewhat confusing. Vicki Seehafer of the Aspire Realty Group told us at Seehafer News that new listings are down 22% compared to a year ago. She stated, “There were 137 in 2016. In 2017 there was 107. Last year there was 888 total new listings for the entire year, and in 2017 so far we are at 835, but we look at months, telling you what’s happening right now. If you are seriously thinking about putting your house on the market, be prepared, because when it comes on the market, more than likely that house is going to sell pretty quickly.” Seehafer went on to say, “This October, there were 95 properties that closed, so that’s an increase of 8%. Year to date, we have an increase of 10.6%. So what that does, it also drives that median in sales price up, which is a good thing. For October, we are looking at median sales prices, which we haven’t seen in quite some time, at $150,000 to $125,000.” That translates to a median sales price increase of 8.7% So the question is why the uptick in sales and median price with fewer listings? Seehafer says it’s the old economic adage of supply and demand, which leads the local real estate expert to implore all potential sellers to list their property within the current market environment. The average days on the market sale in October was 74 days compared to 96 last year. Seehafer emphasizes that the ever constant in the real estate market is change, which is so important for buyers and sellers alike to work with a reputable and knowledgeable agency.