There were 17 unit sales in December. This is down 5.6% from 18 in December of 2016. Sales/list price ratio in December moved down to 93.0% from 96.2% in November.
Median price in December was $570,000. This is down 28.1% from $792,500 in December of 2016. This is the lowest median price has been since February, 2016. 3-month median price of $636,250 in December was down a little from $672,000 in November and down somewhat from $800,000 in December of 2016. Price per square foot in December was $222. This is up from $211 in November but down from $296 in December of 2016.
Inventory of 130 in December was down 25.3% from 174 in November and down 24.4% from 172 in December of 2016. New listings of 3 in December were down substantially from 22 in November and down considerably from 12 in December of 2016. Months of supply of 6.8 in December was down somewhat from 9.1 in November and down moderately from 9.2 in December of 2016. On a year-over-year basis, months of supply has been falling for 7 months. This is the lowest months of supply has been since January, 2015.
Days on market of 184 in December was up a little from 175 in November and up slightly from 158 in December of 2016. This is the highest days on market has been since February, 2017.