Sales
There were 14 unit sales in May. This is down 26.3% from 19 in May of 2014. Sales/list price ratio in May moved up to 98.2% from 95.1% in April.
Prices
Median price in May was $163,950. This is up 3.1% from $159,000 in May of 2014. 3-month median price this month is $155,000, the same as last month. Price per square foot in May was $204. This is up from $168 in April and up from $190 in May of 2014.
Inventory
Inventory of 138 in May was up 0.7% from 137 in April and up 1.5% from 136 in May of 2014. New listings of 38 in May were down considerably from 48 in April but up slightly from 33 in May of 2014. Months of supply of 8.2 in May was up just slightly from 7.9 in April but down a little from 8.6 in May of 2014. On a year-over-year basis, months of supply has been rising for 5 months. This is the highest months of supply has been since July, 2014.
Market Time
Days on market of 116 in May was up slightly from 107 in April but down just slightly from 121 in May of 2014.
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