There were 186 new listings Friday, and 144 sales, for a sell/list of 77.42%. Of the sales 11, or 7.64%, went over list. Average list price was $619,021, while average sale price was $16,683 less, at $602,338 (-2.7%). Earlier in the year sales were usually less than 2% off list price, so let’s keep an eye on that and see if a micro-trend emerges. Average DOM to sale was 48.
There were 40 price changes, of which 2, or 5%, were increases. The average original price was $519,170, while the average new price was $499,919, $19,251, or 2.84% less. Average DOM to price change was 55.
Inventory dropped again, to 10,756, of which 2,791, or 25.95%, were over 90s. 0.35% of all active listings in my area had their prices redced Friday.