Supply is tight but prices and sales continue to fall.
Sales fell 10.6% in November compare to October. Pending sales did come in with a 3.6% increase. The median sales price dropped 20.8% and the average sales price declined 9.9%. The ratio of sales price to original list was 95.8%. New listings retreated by 19% and active listings were off by 0.8%. Days on Market jumped by 91.3. Months of inventory was flat.
Sales: 119
Pending Sales: 114
Median Sales Price: $217,950
Average Sales Price: $315.704
Ratio of Sales Price to Original List: 95.8%
New Listings: 175
Active Listings: 354
Days on Market: 44
Months of Inventory: 1.6 months