Sales
There were 5 unit sales in April. This is up 25.0% from 4 in April of 2015. This is the highest unit sales have been since 6 in November, 2015. Sales/list price ratio in April moved down to 97.2% from 100.1% in March.
Prices
Median price in April was $770,000. This is down 26.1% from $1,042,500 in April of 2015. This is the lowest median price has been since February, 2014. 3-month median price of $955,000 in April was down moderately from $1,350,000 in March and down slightly from $1,017,000 in April of 2015. Price per square foot in April was $325. This is down from $341 in March and down from $501 in April of 2015.
Inventory
Inventory of 53 in April was up 15.2% from 46 in March and up 10.4% from 48 in April of 2015. New listings of 16 in April were up considerably from 11 in March but down moderately from 22 in April of 2015. Months of supply of 9.5 in April was up slightly from 8.4 in March and up considerably from 7.4 in April of 2015. This is the highest months of supply has been since September, 2015.
Market Time
Days on market of 85 in April was down substantially from 181 in March but way up from 61 in April of 2015.
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