down in November, resulting in less than 3 months of inventory. The days on the market for condos that sold dropped from 47 to 30. The average selling price dropped to $568,000 but is higher than any November in the last 5 years. The sales under $500,000 dropped from 75% to 51% and the $700,000 to $1M price range increased by 50%. The list price to sale price ratio is 99% . In February the market under $300,000 was selling the best -currently less than 10% of the sales.
Listings - 130. 9 listed under $300,000 (including 1 under $200,000). 29 listed between $300,000 and $400,000. 14 listed between $400,000 and $500,000. 45 listed between $500,000 and $1M. 21 listed between $1M & $2M. 7 listed over $2M
Least expensive -$198,00 for a leasehold one bedroom
Most expensive - $5,780,000 for 4500 sq-ft in Shangri-la. View it
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