Sales
There were 22 unit sales in June. This is down 40.5% from 37 in June of 2014. This is the highest unit sales have been since 32 in August, 2014. Sales/list price ratio in June moved down to 99.7% from 101.2% in May.
Prices
Median price in June was $1,260,000. This is up 3.8% from $1,213,818 in June of 2014. 3-month median price this month is $1,285,000, the same as last month. Price per square foot in June was $536. This is down from $548 in May but up from $501 in June of 2014.
Inventory
Inventory of 78 in June was down 4.9% from 82 in May but up 2.6% from 76 in June of 2014. New listings of 32 in June were down considerably from 46 in May and down marginally from 33 in June of 2014. Months of supply of 4.7 in June was up just slightly from 4.6 in May and up a little from 4 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 October, 2013.
Market Time
Days on market in June was 37, unchanged from the same month last year.
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