Housing activity has decreased in the 2022 third quarter, with the reported total number of housing units sold being 2,560. Compared to the 2021 third trimester with 3,504 housing units sold, this a decrease of 944 housing units sold, reflecting a reduction of 26.9% in units sold. Aggregated sales of housing units totaled $473,806,900, 21.6% less than in the 2021 third quarter. Total loans were $398,338,545, a decrease of 25.5% compared to the 2021 third quarter. The average price of a housing unit sold during the 2022 third quarter was $185,081. Compared to the 2021 third quarter, this was an increase of 7.3%.
New Housing units sold in the 2022 third quarter was 180 units, a decrease of 102 or 36.2% with the 2021 third quarter. Aggregated sales of new units sold totaled $57,624,524, 4.9% less than in the 2021 third quarter. Total loans were $45,964,482, a decrease of 12.7% compared to the 2021 third quarter. The average price of a housing unit sold during the 2022 third quarter was $ 320,136. Compared to the 2021 third quarter, this was an increase of 49%.
Used Housing units sold in the 2022 third quarter was 2,380 units, a decrease of 842 or 26.1% with the 2021 third quarter. Aggregated sales of new units sold totaled $416,182,376, 23.5% less than in the 2021 third quarter. Total loans were $352,374,063, a decrease of 26.9% compared to the 2021 third quarter. The average price of a housing unit sold during the 2022 third quarter was $174,867. Compared to the 2021 third quarter, this was an increase of 3.6%.
