The Massachusetts housing market showed no signs of slowdown in October despite the nearing holidays and typical seasonal slowdown.

While the small inventory of homes is pushing prices upward, the number of closed single-family home sales increased 5.9 percent to 4,810 from October 2016, when there were 4,542 sales, according to a new report from the Massachusetts Association of Realtors. The number of closed sales in the state have either increased or stayed flat in seven of the last 12 months, according to the report, illustrating how robust the market is.

“Demand has been consistently strong throughout the year, but whether sales have closed up or down has been a bit of a rollercoaster ride because of inventory,” said 2017 MAR President Paul Yorkis. “While prices in October were up over last year, compared to some of the highs in 2017 they have become somewhat more reasonable, giving more buyers an opportunity.”

This is despite a low inventory and rising prices, which typically tend to cool the number of sales. The median sale price in October 2017 were up 5.5 percent to $375,000 over October 2016, according to the report.

In October 2017, there were just 13,571 single-family homes on the market, a sharp decline from 18,138 in the same month last year. There is now a 2.9 months’ supply of homes compared to 3.9 months in October 2016. Homes are flying off the market in an average of 61 days, down from 75 last year.

However, the number of listings is increasing, which may attract more buyers to the market. In October 2017, there were 2,225 new listings, up 5.4 percent from 2,111 last year, according to MAR.