Sales
Unit sales in February were 2, unchanged from the same month last year. This is the lowest unit sales have been since 1 in February, 2012. Sales/list price ratio in February moved down to 98.0% from 99.1% in January.
Prices
Median price in February was $751,850. This is up 21.8% from $617,500 in February of 2014. 3-month median price of $865,000 in February was down a little from $922,500 in January but up substantially from $640,000 in February of 2014. Price per square foot in February was $391. This is up from $384 in January and up from $387 in February of 2014.
Inventory
Inventory of 22 in February was up 4.8% from 21 in January and up 100.0% from 11 in February of 2014. New listings in February were 5, unchanged from the same month last year. Months of supply of 4.1 in February was up modestly from 3.9 in January and way up from 1.5 in February of 2014.
Market Time
Days on market of 29 in February was down considerably from 88 in January and down substantially from 138 in February of 2014.


Comments (0)Subscribe to CommentsComment