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Sales
Sales
this month are 16, the same as last month. Sales/list
price ratio in March moved up to 95.12% from 87.82% in February.
Prices
Median
price in March was $752,500. This is up 2.6% from $733,250 in March
of 2007. Average sale price (most recent 3 months) is $966,592, up significantly from
$805,105 in 2007.
Inventory
Inventory
is 290, up marginally from 282 in 2007. New
listings of 85 in March were way up from 58 in February and up
moderately from 78 in March of 2007.
Market
Time
Market
time of 117 in March was up marginally from 114 in February and way
up from 86 in March of 2007. Months
of supply in March moved up to 10.91 from 10.26 in February.
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