There were 36 unit sales in December. This is up 24.1% from 29 in December of 2016. Sales/list price ratio in December moved down to 95.0% from 95.2% in November.
Median price in December was $1,212,550. This is up 27.0% from $955,000 in December of 2016. 3-month median price this month is $1,175,000, the same as last month. Price per square foot in December was $309. This is down from $323 in November and down from $328 in December of 2016.
Inventory of 272 in December was down 21.2% from 345 in November and down 3.5% from 282 in December of 2016. New listings of 21 in December were way down from 41 in November and down just slightly from 22 in December of 2016. Months of supply of 7.5 in December was down considerably from 9.7 in November and down slightly from 9.3 in December of 2016. On a year-over-year basis, months of supply has been falling for 6 months. This is the lowest months of supply has been since January, 2014.
Days on market of 119 in December was down modestly from 127 in November and down a little from 134 in December of 2016.