There were 55 unit sales in August. This is up 14.6% from 48 in August of 2016. This is the highest unit sales have been since 60 in July, 2015. Sales/list price ratio in August moved up to 96.3% from 95.7% in July.
Median price in August was $1,170,000. This is down 5.5% from $1,237,500 in August of 2016. This is the lowest median price has been since December, 2016. 3-month median price of $1,285,000 in August was down a little from $1,370,000 in July but up marginally from $1,275,000 in August of 2016. Price per square foot in August was $339. This is down from $378 in July and down from $355 in August of 2016.
Inventory of 391 in August was down 6.5% from 418 in July and down 2.0% from 399 in August of 2016. New listings of 52 in August were down moderately from 73 in July but up a little from 46 in August of 2016. Months of supply of 11.7 in August was down slightly from 12.7 in July and down modestly from 12.4 in August of 2016. This is the lowest months of supply has been since January, 2017.
Days on market of 117 in August was very slightly up from 115 in July and up marginally from 112 in August of 2016.