December sales were down 14% year-over-year, and 19% below the average of the last five years:

Year
# of Sales
Median SP
Avg. Cost-per-sf
Avg. DOM
S/BD*
2013
211
$1,075,000
$485/sf
60
10.0
2014
250
$1,052,075
$482/sf
61
11.4
2015
258
$1,094,500
$477/sf
56
11.7
2016
240
$1,150,000
$502/sf
55
11.4
2017
222
$1,212,500
$562/sf
47
11.1
2018
192
$1,414,000
$548/sf
50
9.6

*S/BD = Sales per business day, which had the same 14% YoY decline.

This far into January means there won’t be many more late-reporters to come.

At least pricing……oh never mind. There’s nothing price can’t fix.

author avatar
Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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