October 2019 Sales Data
Active Median (As of 11/1/2019) $ 2,995,000 242 Listings
Days on Market (DOM) Median 135 Days
$ per Square Foot Median $ 1,194
Pending Median (As of 11/1/2019) $ 1,824,000 41 Listings
DOM Median 113 Days
$ per Square Foot Median $ 1,093
Sold Median October 2019 $ 1,700,000 42 Sales
Price Reduction Median $ 180,000 9.6 %
DOM Median 73 Days
$ Per Square Foot Median $ 1,072
Sold 3 Month Median (8/1/2019 – 10/31/2019) $ 1,835,000 111 Sales
DOM Median 74 Days
$ Per Square Foot Median $ 1,050
Sold 2018 Median $ 1,835,000 354 Sales
Sold YTD Median $ 1,900,000 329 Sales
Sold 6 Month Median (5/1/2019 – 10/31/2019) $ 1,885,000 220 Sales
Sold 12 Month Median (11/1/2018 – 10/31/2019) $ 1,895,000 367 Sales
Price Reduction Median $ 200,000 9.7 %
DOM Median 76 Days
$ Per Square Foot Median $ 1,025
Supply | 3 Month Adjusted Supply 5.7 Months 6.5 Months
The Spread (Active - Sold) Median + $ 1,295,000
The Short-Term Pending Indicator (Pending - Sold) Median + $ 124,000
Market Segment Analysis
MARKET SEGMENT ACTIVE SOLD SUPPLY TYPE
(As of 11/1/2019) (last 3 Months) (Adj 3 Months)
$1,499,999- 14% 34% 2 Months Seller’s Mkt
$1,500,000 - $1,999,999 11% 22% 3 Months Seller’s Mkt
$2,000,000 - $2,999,999 25% 16% 10 Months Neutral Mkt
$3,000,000 - $4,999,999 20% 15% 8 Months Neutral Mkt
$5,000,000 - $9,999,999 16% 9% 12 Months Neutral Mkt
$10,000,000+ 10% 2% 26 Months Buyer’s Mkt
Current Price Projections
The Short-Term Pending Indicator (As of 11/1/2019) Projection for Short Term No Signal
The Long-Term Price Indicator (As of 1/1/2019) Projection for 2019 Up