Unit sales in October were 35, unchanged from the same month last year. Sales/list price ratio in October moved up to 97.8% from 97.7% in September.
Median price in October was $362,000. This is up 6.5% from $339,900 in October of 2016. This is the lowest median price has been since February, 2017. 3-month median price of $382,500 in October was down slightly from $410,000 in September but very slightly up from $375,000 in October of 2016. Price per square foot in October was $169. This is up from $156 in September and up from $155 in October of 2016.
Inventory of 172 in October was down 3.9% from 179 in September and down 22.9% from 223 in October of 2016. New listings of 44 in October were down just slightly from 45 in September and down slightly from 53 in October of 2016. Months of supply of 4.8 in October was down a little from 5 in September and down modestly from 5.6 in October of 2016. On a year-over-year basis, months of supply has been falling for 4 months. This is the lowest months of supply has been since March, 2017.
Days on market of 84 in October was way up from 48 in September but down a little from 96 in October of 2016. This is the highest days on market has been since March, 2017.