Single Family Homes
Sales
Unit sales in May were 8, unchanged from the same month last year. Sales/list price ratio in May moved up to 98.7% from 97.1% in April.
Prices
Median price in May was $838,000. This is up 34.6% from $622,500 in May of 2013. 3-month median price of $697,750 in May was up a little from $662,500 in April and up slightly from $615,000 in May of 2013.
Inventory
Inventory of 72 in May was up 33.3% from 54 in April but down 19.1% from 89 in May of 2013. New listings of 28 in May were up somewhat from 23 in April and up substantially from 18 in May of 2013. Months of supply of 7.9 in May was up considerably from 5.9 in April but down somewhat from 10.9 in May of 2013. This is the highest months of supply has been since August, 2013.
Market Time
Days on market of 148 in May was down modestly from 182 in April but very slightly up from 143 in May of 2013.
Condos
Sales
There were 3 unit sales in May. This is up 50.0% from 2 in May of 2013. This is the highest unit sales have been since 4 in December, 2013. Sales/list price ratio in May moved up to 99.3% from 95.1% in April.
Prices
Median price in May was $247,000. This is down 11.6% from $279,500 in May of 2013. 3-month median price of $268,500 in May was down slightly from $309,500 in April but up just slightly from $262,500 in May of 2013.
Inventory
Inventory of 5 in May was down 28.6% from 7 in April and down 77.3% from 22 in May of 2013. New listings of 2 in May were down substantially from 5 in April and down considerably from 6 in May of 2013. Months of supply of 1.6 in May was down somewhat from 2.3 in April and down substantially from 13.2 in May of 2013.
Market Time
Days on market of 70 in May was up considerably from 55 in April and up slightly from 62 in May of 2013.
No comments:
Post a Comment