There were 12 unit sales in October. This is down 14.3% from 14 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 11 in February, 2017. Sales/list price ratio in October moved up to 95.3% from 94.1% in September.
Median price in October was $805,000. This is down 12.0% from $915,000 in October of 2016. 3-month median price of $805,000 in October was up modestly from $757,000 in September but down marginally from $812,500 in October of 2016. Price per square foot in October was $196. This is down from $236 in September and down from $258 in October of 2016.
Inventory of 188 in October was down 13.8% from 218 in September and down 24.2% from 248 in October of 2016. New listings of 24 in October were down considerably from 36 in September and down modestly from 26 in October of 2016. Months of supply of 9.9 in October was down slightly from 11.3 in September and down considerably from 13.9 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 February, 2017.
Days on market of 134 in October was down modestly from 156 in September and down slightly from 156 in October of 2016.