Median sales price edged up 1.2% to $630,000
from $622,500 in the prior year quarter. Average
sales price increased 17% to $1,437,597 from
$1,228,857 over the same period, largely due
to continued strength at the upper end of the
market. In the median sales price by quintile
analysis, the fifth quintile increased 24.8% yearover-
year, while the remainder of the market
segments showed modest change and mixed
results over the same period…