There were 5 unit sales in February. This is up 150.0% from 2 in February of 2017. This is the lowest unit sales have been since 2 in February, 2017. Sales/list price ratio in February moved down to 95.6% from 96.2% in January.
Median price in February was $2,354,000. This is up 203.7% from $775,000 in February of 2017. This is the highest median price has been since April, 2017. 3-month median price of $1,835,000 in February was up marginally from $1,800,000 in January and very slightly up from $1,750,000 in February of 2017. Price per square foot in February was $706. This is up from $539 in January and up from $470 in February of 2017.
Inventory in February was 37, unchanged from the same month last year. New listings of 22 in February were up substantially from 5 in January and way up from 16 in February of 2017. Months of supply of 3.3 in February was up considerably from 2 in January and up moderately from 2.6 in February of 2017.
Days on market of 57 in February was way down from 118 in January but up considerably from 41 in February of 2017. This is the lowest days on market has been since September, 2017.