• Active Median- $1,100,000 at $683.00 per sq ft.
  • Pending Median- $645,000 at $489.00 per sq ft.
  • Sold Median- $750,000 at $519.00 per sq ft.
Absorption rate of 0.88% which is less than one months inventory to satisfy the buying publics demands at this time. Personally, I don’t see the buying trends slowing in the near to seasonal future, however, I do expect more inventory to come on the market in the months to come. This will allow for a slightly more balanced market and for a more diverse inventory to appeal to the buyers needs.