Condos/Townhomes
This answers “How’s the Market?” by comparing rate of sales versus inventory.
The market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable.
| 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 | ||
Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $0 | 0 | - | NaN | 0 | NaN | 0 | 1 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |