October's Sales Unit Volume: Residential and Condominium sales held steady at 82 homes and 97 units sold respectively. Land sales decreased to 12 lots sold in October.
October's Median SALES prices: The Residential median price declined to $632,500 while the Condo median price rose significantly to $460,000. Land median price decreased to $455,000.
Days on Market: Residential homes = 103, Condos = 139 DOM, Land = 200 DOM. (General DOM Note: this is the average DOM for the properties that SOLD. If predominantly OLD inventory sells, it will movethisindicatorupward,andviceversa. RAM'sDaysonMarketarecalculatedfromListDatetoClosing Date [not contract date], including approximately 60 days of escrow time.)
WARNING!! This "Year to Date Sales" reports' numbers compare only four months January - October 2016 to January - October 2015. Shorter timeframe (monthly) views do not necessarily reflect the longer timeframe trends.
Year to Date:
Residential Sales decreased ....... Click Here for More