This report in a month over month comparison which I hope gives you a better since of what is going on in the current market than the year over year numbers you see in most reports.
Sales declined by 20.3% in November as compared to October. Pending sales dropped 6.3%. The median sales price fell 1.2% and the average sales price came in lower by 1.2%. The ratio of sales price to original list price was 96.5%. New listings fell 27.9%. Active listings rose slightly coming in with a 0.5% increase. Days on Market decreased by 10.8% and months of inventory increased by a tenth of a month.
Sales: 116
Pending Sales: 106
Median Sales Price: $401,000
Average Sales Price: $532,827
Ratio of Sales Price to Original List Price: 95.5%
New Listings: 166
Active Listings: 364
Days on Market: 33
Months of Inventory: 1.9