Sales
There were 8 unit sales in April. This is up 100.0% from 4 in April of 2015. This is the highest unit sales have been since 16 in October, 2015. Sales/list price ratio in April moved up to 97.9% from 96.0% in March.
Prices
Median price in April was $857,500. This is up 7.5% from $797,500 in April of 2015. This is the highest median price has been since June, 2014. 3-month median price of $665,000 in April was up slightly from $625,000 in March and up moderately from $537,250 in April of 2015. Price per square foot in April was $282. This is down from $304 in March and down from $313 in April of 2015.
Inventory
Inventory of 62 in April was up 10.7% from 56 in March and up 14.8% from 54 in April of 2015. New listings of 21 in April were down considerably from 31 in March and down slightly from 24 in April of 2015. Months of supply of 7.2 in April was up modestly from 6.8 in March and up a little from 6.3 in April of 2015. This is the highest months of supply has been since November, 2015.
Market Time
Days on market of 124 in April was way up from 86 in March and up modestly from 109 in April of 2015. This is the highest days on market has been since May, 2014.
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