Newly released data for October shows that potential buyers and sellers in Monroe County saw houses sell for lower than the previous month’s median sale price of $235,000.

The median home sold for $205,000, an analysis of data from Realtor.com shows. That means October, the most recent month for which figures are available, was down 12.8% from September.

Compared to October 2022, the median home sale price was up 1.2% at $205,000 compared to $202,500.

Realtor.com sources sales data from real estate deeds, resulting in a few months’ delay in up-to-date data. The statistics don’t include homes currently listed for sale, and aren’t directly comparable to listings data.

Information on your local housing market, along with other useful community data, is available at data.monroenews.com.

Looking only at single-family homes, the $200,000 median selling price in Monroe County was down 14.9% in October from $235,000 the month prior. Since October 2022, the sale price of single-family homes was up 2% from a median of $196,000.

One single family home sold for $1 million or more during the month, compared to zero recorded transactions of at least $1 million in October 2022.

Condominiums and townhomes increased by 20.4% in sales price this October to a median of $279,900 from $232,450 in September. Compared to October 2022, the sale price of condominiums and townhomes was down 6.7% from $300,000. No condominiums or townhomes sold for at least $1 million or more this October.

In October, the number of recorded sales in Monroe County dropped by 28.5% since October 2022 from 263 to 188. All residential home sales totaled to $46.8 million.

In Michigan, homes sold at a median of $220,737 this October, down 4.8% from $231,758 in September. There were 11,202 recorded sales across the state this October, down 22.5% from 14,444 recorded sales in October 2022.

The total value of recorded residential home sales in Michigan decreased by 2% from $3.1 billion in September to $3.1 billion this October.

Out of all residential home sales in Michigan, 2.92% of homes sold for at least $1 million in October, up from 1.09% in October 2022.

Sale prices of single-family homes across Michigan decreased by 4.4% from a median of $225,000 in September to $215,000 in October. Since October 2022, the sale price of single-family homes across the state was up 12% from $192,003.

Across the state, the sale price of condominiums and townhomes dropped 4.6% from a median of $272,415 in September to $260,000 this October. The median sale price of condominiums and townhomes is up 4% from the median of $250,000 in October 2022.

The median home sale price used in this report represents the midway point of all the houses or units listed over the given period of time. The median offers a more accurate view of what’s happening in a market than the average sale price, which would mean taking the sum of all sale prices then dividing by the number of homes sold. The average can be skewed by one particularly low or high sale.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.

This article originally appeared on The Monroe News: Most recent median home sales in Monroe County down at $205,000