Sunday, July 18, 2010

Sales
Monthly unit sales in June were at 67. This is up 103.0% from June of 2009. Monthly sales/list price ratio in June moved down to 91.5% from 92.2% in May.
Prices
Monthly median price in June was $1,850,000. This is up 19.4% from $1,550,000 in June of 2009. 3-month avg. average sale price is $876,467, up somewhat from $758,404 in 2009.
Inventory
Monthly inventory of 740 in June was up 2.5% from 722 in May but down 8.2% from 806 in June of 2009. Monthly new listings fell to 114 from 143 in May.
Market Time
Monthly days on market of 113 in June was down substantially from 172 in May and way down from 159 in June of 2009. Monthly months of supply in June moved down to 18.8 from 19.7 in May.

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