CONDO/TOWNHOUSE The number of sales surged 46.8% to
737, outpacing the 34.4% growth in
supply to 1,265 listings from the prior year
period. As a result, the average days on
market, the number of days from the last
price change to contract date, was two
months faster, falling to 99 days.

SINGLE FAMILY The average
size of a sale jumped 38.3% to 3,495
square feet from the same period last
year. As a result, the median and average
sales price expanded 11.1% and 12.6%
respectively. The 18.6% drop in average
price per square foot reflected the sharp
rise in the average home size and the
diminishing return.