Sales
There were 5 unit sales in March. This is down 50.0% from 10 in March of 2015. This is the lowest unit sales have been since 4 in April, 2015. Sales/list price ratio in March moved down to 96.0% from 97.6% in February.
Prices
Median price in March was $665,000. This is up 23.8% from $537,250 in March of 2015. 3-month median price of $625,000 in March was up just slightly from $618,500 in February and up a little from $577,000 in March of 2015. Price per square foot in March was $304. This is up from $302 in February and up from $264 in March of 2015.
Inventory
Inventory of 56 in March was up 14.3% from 49 in February and up 21.7% from 46 in March of 2015. New listings of 31 in March were way up from 15 in February and up substantially from 20 in March of 2015. Months of supply of 6.8 in March was up a little from 5.7 in February and way up from 5.1 in March of 2015.
Market Time
Days on market of 86 in March was down moderately from 109 in February and down considerably from 122 in March of 2015.
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