Sales
There were 12 unit sales in June. This is down 7.7% from 13 in June of 2014. This is the highest unit sales have been since 17 in August, 2014. Sales/list price ratio in June moved down to 96.4% from 96.7% in May.
Prices
Median price in June was $850,000. This is down 9.5% from $939,000 in June of 2014. This is the highest median price has been since June, 2014. 3-month median price of $708,750 in June was up moderately from $577,250 in May but down slightly from $812,000 in June of 2014. Price per square foot in June was $280. This is down from $286 in May but up from $279 in June of 2014.
Inventory
Inventory of 78 in June was up 6.8% from 73 in May and up 20.0% from 65 in June of 2014. New listings of 23 in June were down considerably from 30 in May but up substantially from 14 in June of 2014. Months of supply of 9.4 in June was up slightly from 8.7 in May and up considerably from 7.1 in June of 2014. On a year-over-year basis, months of supply has been rising for 4 months. This is the highest months of supply has been since July, 2013.
Market Time
Days on market of 97 in June was down modestly from 118 in May but up slightly from 82 in June of 2014.
Comments (1)Subscribe to CommentsComment