There were 20 unit sales in August. This is down 25.9% from 27 in August of 2016. Sales/list price ratio in August moved down to 96.3% from 96.4% in July.
Median price in August was $902,500. This is up 19.5% from $755,000 in August of 2016. This is the highest median price has been since February, 2017. 3-month median price of $797,000 in August was up marginally from $780,000 in July and up modestly from $750,000 in August of 2016. Price per square foot in August was $231. This is down from $241 in July and down from $246 in August of 2016.
Inventory of 219 in August was down 4.8% from 230 in July and down 12.7% from 251 in August of 2016. New listings of 36 in August were up considerably from 23 in July and way up from 27 in August of 2016. Months of supply of 11.6 in August was down just slightly from 11.8 in July and down a little from 14.2 in August of 2016. This is the lowest months of supply has been since March, 2017.
Days on market of 90 in August was down somewhat from 125 in July and down modestly from 100 in August of 2016. This is the lowest days on market has been since July, 2014.