CONDO/TOWNHOUSE Median sales price jumped 25.8%
to $150,000 from the same period last
year. The rise was partially attributable
to the jump in the average size of a sale.
The average square footage of a sale
expanded 14.9% to 1,629 over the same

SINGLE FAMILY …The time to sell a property
fell to 97 days, more than two months
faster than the prior year quarter. The
number of sales declined 2.8% and listing
inventory expanded 24.1% over the same
period. As a result, the absorption rate,
the number of months to sell all inventory
at the current rate of sales, increased to
7.6 months from 6 months in the prior
year quarter…