Miller Samuel/PDE 4th Quarter highlights.* Average Price pst increased 28.5% to $1,002 (a record) over the prior year quarter result of $780 and was up 1.8% above the $984 seen in the prior quarter. * Average Sales Price increased 20.3% to $1,187,404 over the prior year quarter average of $987,257 and was up 3.3% from the prior quarter average of $1,149,813. * Median Sales Price increased 25.6% to $760,000 over the prior year quarter median of $605,000 and was up 1.3% from the prior quarter median sales price of $750,000. * The number of sales dropped 27.2% to 1,574 units from the prior year quarter total of 2,161 units and dropped 21.2% from the prior quarter total of 1,997 units. * Listing Inventory expanded 52.1% to 5,964 units from the prior year quarter total of 3,922 units and was 3.5% above the prior quarter total of 5,764 units. * The number of days it takes to sell an apartment increased by 4 days to 137 days. |
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