Sales
There were 17 unit sales in June. This is down 22.7% from 22 in June of 2014. On a year-over-year basis, unit sales have been rising for 4 months. This is the highest unit sales have been since 25 in August, 2014. Sales/list price ratio in June moved down to 95.1% from 96.6% in May.
Prices
Median price in June was $1,700,000. This is up 30.8% from $1,300,010 in June of 2014. 3-month median price of $1,150,000 in June was up a little from $990,000 in May and up marginally from $1,147,500 in June of 2014. Price per square foot in June was $609. This is up from $500 in May and up from $452 in June of 2014.
Inventory
Inventory of 107 in June was up 1.9% from 105 in May and up 5.9% from 101 in June of 2014. New listings of 30 in June were down modestly from 37 in May but up a little from 26 in June of 2014. Months of supply of 8 in June was up slightly from 7.6 in May and up just slightly from 7.9 in June of 2014. On a year-over-year basis, months of supply has been rising for 6 months. This is the highest months of supply has been since May, 2014.
Market Time
Days on market of 60 in June was down a little from 74 in May and down somewhat from 87 in June of 2014.
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