There were 50 unit sales in December. This is down 9.1% from 55 in December of 2016. On a year-over-year basis, unit sales have been falling for 6 months. This is the lowest unit sales have been since 45 in March, 2017. Sales/list price ratio in December moved up to 95.9% from 94.9% in November.
Median price in December was $572,500. This is up 10.5% from $518,000 in December of 2016. 3-month median price this month is $585,000, the same as last month.
Inventory of 348 in December was down 19.3% from 431 in November and down 21.1% from 441 in December of 2016. New listings of 36 in December were down considerably from 49 in November and down modestly from 42 in December of 2016. Months of supply of 5.5 in December was down slightly from 6.7 in November and down considerably from 7.3 in December of 2016. On a year-over-year basis, months of supply has been falling for 7 months.
Days on market of 99 in December was down modestly from 113 in November and down slightly from 107 in December of 2016.