The overall Median Sales Price was up 7.5 percent to $515,000. The property type with the largest price gain was the Condos – Townhomes segment, where prices increased 7.6 percent to $382,000. The price range that tended to sell the quickest was the $250,001 to $500,000 range at 27 days; the price range that tended to sell the slowest was the $1,250,001 Or More range at 60 days.
Market-wide, inventory levels were down 26.2 percent. The property type that lost the least inventory was the Single-Family Homes segment, where it decreased 25.9 percent. That amounts to 2.1 months supply for Single-Family Homes and 1.4 months supply for Condos – Townhomes.