Condos/Townhomes
This answers “How’s the Market?” by comparing rate of sales versus inventory.
The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Median List Price | ||
Median Price of New Listings | ||
Per Square Foot | ||
Average Days on Market | ||
Median Days on Market | ||
Price Decreased | ||
Price Increased | ||
Relisted | ||
Inventory | ||
Median Rent | ||
Market Action | ||
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.
Each segment below represents approximately 25% of the market ordered by price.