The Median Sales Price was up 14.6% to $1,189,000 for single family homes and 17.5% to $1,075,000 for Condo/TIC/Coop properties. Months Supply of Inventory decreased 16.7% for single family units but was up 9.5% for Condo/TIC/Coop units.
With positive economic news coming from many angles, there are no imminent factors to prepare for beyond the typical seasonal drop-off. From the mouths of market-analyzing pundits, we are in the midst of one of the healthiest housing markets in the past 15 years.
Read the full report: SFAR MarketFocus – September 2015
