Current Market Summary


December Residential Highlights There were 209 new listings, 8.3% fewer than in December 2018 (228) and 19.9% fewer than last month in November 2019 (261). Pending sales (239) decreased 23.4% from December 2018 (312) and fell 26.7% from last month November 2019 when 326 offers were accepted. Closed sales (324) decreased 4.4% from December 2018 (339) and fell 6.9% from the 348 closings recorded last month in November 2019.
Inventory and Market Time Inventory decreased slightly to 1.4 months in December. Total market time decreased to 48 days.
Year to Date Summary Comparing the twelve months of 2019 to the same period in 2018, new listings (5,748) have decreased 10.1%, pending sales (4,849) have decreased 7.5%, and closed sales (4,872) have decreased 6.4%.
Average and Median Sale Prices Comparing 2019 to 2018 through December, the average sale price has increased 5.4% from $309,000 to $325,700. In the same comparison, the median sale price has increased 5.1% from $282,600 to $296,900.