November 2019 Sales Data
Active Median (As of 12/1/2019) $ 2,990,000 218 Listings
Days on Market (DOM) Median 139 Days
$ per Square Foot Median $ 1,164
Pending Median (As of 12/1/2019) $ 1,999,000 40 Listings
DOM Median 93 Days
$ per Square Foot Median $ 1,013
Sold Median November 2019 $ 1,450,000 22 Sales
Price Reduction Median $ 195,000 12 %
DOM Median 86 Days
$ Per Square Foot Median $ 866
Sold 3 Month Median (9/1/2019 – 11/30/2019) $ 1,700,000 106 Sales
$ Per Square Foot Median $ 1,050
Sold 6 Month Median (6/1/2019 – 11/30/2019) $ 1,885,000 220 Sales
Sold 12 Month Median (12/1/2018 – 11/30/2019) $ 1,895,000 367 Sales
Price Reduction Median $ 200,000 9.7 %
DOM Median 76 Days
$ Per Square Foot Median $ 1,025
Sold 2018 Median $ 1,835,000 354 Sales
Sold YTD Median $ 1,900,000 351 Sales
Supply | 3 Month Adjusted Supply 9.9 Months 6.1 Months
The Spread (Active - Sold) Median + $ 1,540,000
The Short-Term Pending Indicator (Pending - Sold) Median + $ 549,000
Market Segment Analysis
MARKET SEGMENT ACTIVE SOLD SUPPLY TYPE OF MARKET
(As of 12/1/2019) (last 3 Months) (Adj 3 Months)
$1,499,999- 14% 42% 2 Months Extreme Seller’s Market
$1,500,000 - $1,999,999 13% 20% 4 Months Seller’s Market
$2,000,000 - $2,999,999 26% 15% 10 Months Neutral Market
$3,000,000 - $4,999,999 19% 14% 8 Months Neutral Market
$5,000,000 - $9,999,999 17% 6% 16 Months Buyer’s Market
$10,000,000+ 10% 1% 66 Months Extreme Buyer’s Market
Current Price Projections
The Short-Term Pending Indicator (As of 12/1/2019) Projection for Short Term Up
The Long-Term Price Indicator (As of 1/1/2019) Projection for 2019 Up