There were 9 unit sales in November. This is down 47.1% from 17 in November of 2016. This is the lowest unit sales have been since 8 in March, 2017. Sales/list price ratio in November moved down to 97.5% from 100.6% in October.
Median price in November was $1,750,000. This is up 20.7% from $1,450,000 in November of 2016. 3-month median price of $1,887,500 in November was down modestly from $2,025,000 in October but up somewhat from $1,437,500 in November of 2016. Price per square foot in November was $587. This is up from $474 in October and up from $513 in November of 2016.
Inventory of 33 in November was down 32.7% from 49 in October and down 15.4% from 39 in November of 2016. New listings of 5 in November were down considerably from 8 in October and down substantially from 11 in November of 2016. Months of supply in November was 2.7, unchanged from the same month last year. This is the lowest months of supply has been since February, 2017.
Days on market of 67 in November was up just slightly from 66 in October and way up from 41 in November of 2016. On a year-over-year basis, days on market has been rising for 4 months. This is the highest days on market has been since April, 2017.