There were 21 unit sales in October. This is down 19.2% from 26 in October of 2016. This is the lowest unit sales have been since 17 in February, 2017. Sales/list price ratio in October moved up to 94.8% from 94.6% in September.
Median price in October was $1,375,000. This is down 7.7% from $1,489,500 in October of 2016. This is the highest median price has been since May, 2017. 3-month median price of $1,212,000 in October was down marginally from $1,267,550 in September and down a little from $1,255,000 in October of 2016. Price per square foot in October was $372. This is up from $367 in September and up from $316 in October of 2016.
Inventory of 350 in October was down 9.8% from 388 in September and down 4.4% from 366 in October of 2016. New listings of 48 in October were down substantially from 93 in September and down slightly from 51 in October of 2016. Months of supply of 10.3 in October was down a little from 11.3 in September and down modestly from 12.1 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 January, 2017.
Days on market of 105 in October was down slightly from 123 in September and down considerably from 135 in October of 2016. This is the lowest days on market has been since September, 2016.