This is a monthly change report that compares January to February.
Sales increased 75% in February compared to January. Pending sales declined slightly by 1.99%. The median sales price dropped 7.65% while the average sales price fell 6.14%. The ratio of sales price to original list increased 1.17%. New listings were flat. Active listings fell 11.79% Days on market rose 5.17%. Months of inventory was 16.67 lower.
Inventory is falling. Buyers are having a hard time finding that dream home and competition is heating up on the best homes.
Sales: 168
Pending Sales: 197
Median Sales Price: $692,599
Average Sales Price $767,518
Ratio of sales price to Original List: 94.8%
New Listings: 159
Active Listings: 202
Days on Market: 61
Months of Inventory: 1 month