There were 51 unit sales in October. This is up 18.6% from 43 in October of 2016. On a year-over-year basis, unit sales have been falling for 4 months. This is the lowest unit sales have been since 45 in March, 2017. Sales/list price ratio in October moved up to 96.7% from 95.6% in September.
Median price in October was $530,000. This is down 15.2% from $625,000 in October of 2016. This is the lowest median price has been since February, 2017. 3-month median price of $582,500 in October was very slightly up from $580,000 in September but down modestly from $647,500 in October of 2016. Price per square foot in October was $264. This is down from $266 in September and down from $287 in October of 2016.
Inventory of 495 in October was down 4.8% from 520 in September and down 14.5% from 579 in October of 2016. New listings of 97 in October were down somewhat from 128 in September but very slightly up from 94 in October of 2016. Months of supply of 7.9 in October was down modestly from 8.4 in September and down slightly from 9.4 in October of 2016. On a year-over-year basis, months of supply has been falling for 5 months. This is the lowest months of supply has been since January, 2017.
Days on market of 102 in October was down a little from 120 in September and down modestly from 116 in October of 2016.