After a tremendous September performance, monthly real estate figures moderated slightly in October with 50 transactions totaling $109 million. While this represents a 35 percent (#) and 25 percent ($) respective decline compared to October 2015, the decline was likely just a matter of timing as the combined monthly totals for September and October during both years were largely similar. An ultrahigh-end transaction (see above) and a handful of $4 million to $8 million sales continued to buoy year-to-date dollar volume (+11%), despite a yearto- date decline in the total number of transactions (-4%). Vacant land sales reached a three-year low on account of limited inventory and a tempered number of new purchase contracts in October suggest the 2016 market will be shy of hitting the lofty $1 billion mark. Here are Fisher’s October Market Insights