Homes priced from $400,000 to $1 million saw a significant increase in sales, 20% increase from prior month, while the inventory of homes for sale decreased slightly(2%).
Homes priced from $1 million to $1.5 million saw activity and inventory levels almost identical to the prior month.
Homes priced $1.5 million to $2.5 million also saw almost identical activity levels as the prior month. Home sales were 9 vs. 8.
The real surprise – Homes over $2.5 million saw a major increase in sales from the prior month, almost a 400% increase in sales as homes sold jumped to 11 vs. 3 prior month.
