CONDO/TOWNHOUSE There were 87 sales in
the third quarter, a 35.9% rise above the
prior year quarter, outpacing the 11.2%
increase in inventory to 437 over the
same period. The sharp change in price
indicators reflected volatility in a shift toward
purchasing lower priced property, not a
decline in prices.

SINGLE FAMILY Median
sales price slipped 3.8% to $2,500,000
from the same period last year. Average
sales price increased slightly by 0.7% to
$3,533,383 from the same period last year.
Average price per square foot fell 12.6%
to $698, consistent with the jump in size.
The average square footage of a sale was
5,062, 15.2% larger than 4,392 in the prior
year quarter.