Sales
There were 8 unit sales in February. This is up 300.0% from 2 in February of 2015. Sales/list price ratio in February moved up to 97.6% from 96.1% in January.
Prices
Median price in February was $635,000. This is down 7.4% from $685,584 in February of 2015. 3-month median price of $618,500 in February was down a little from $635,000 in January but up modestly from $525,000 in February of 2015. Price per square foot in February was $302. This is up from $297 in January and up from $282 in February of 2015.
Inventory
Inventory of 50 in February was up 8.7% from 46 in January and up 42.9% from 35 in February of 2015. New listings of 15 in February were way up from 8 in January and up considerably from 11 in February of 2015. Months of supply of 5.8 in February was up just slightly from 5.6 in January and way up from 4.2 in February of 2015.
Market Time
Days on market of 109 in February was up a little from 100 in January and up substantially from 80 in February of 2015. This is the highest days on market has been since May, 2015.
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