Rising prices continued to pull more inventory into
the market causing the frantic pace to ease. Median
sales price rose 9% to $425,000 from the prior
year quarter. Average sales price slipped 4.5% to
$907,934 over the same period. This was skewed
lower by the 9% drop in average square feet to
1,390. Overall inventory expanded 15.6% to 4,256
listings from the prior year quarter, with a 16.9%
increase of condo listings and a 6.5% increase of
single family listings…