Sales
There were 4 unit sales in February. This is up 100.0% from 2 in February of 2015. Sales/list price ratio in February moved down to 98.7% from 99.4% in January.
Prices
Median price in February was $1,175,000. This is up 20.0% from $979,500 in February of 2015. 3-month median price of $1,175,000 in February was up a little from $1,044,000 in January and up modestly from $999,000 in February of 2015. Price per square foot in February was $376. This is down from $450 in January and down from $384 in February of 2015.
Inventory
Inventory of 46 in February was up 21.1% from 38 in January and up 39.4% from 33 in February of 2015. New listings of 15 in February were way up from 6 in January and up considerably from 8 in February of 2015. Months of supply of 8 in February was up modestly from 6.8 in January and way up from 5.4 in February of 2015.
Market Time
Days on market of 96 in February was down a little from 105 in January but up substantially from 42 in February of 2015.
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