The overview below shows real estate activity from January 2025 to June 2025. You will see data comparisons between June and the previous month, the last three months and June 2024
Average & Median Sales Price
The median sales price in June 2025 was $1,300,000, down -10.53% from $1,453,000 from the previous month and -13.33% lower than $1,500,000 from June 2024. The June 2025 median sales price was at its lowest level compared to June 2024 and 2023. The average sales price in June 2025 was $1,338,000, down -19.95% from $1,671,500 from the previous month and-7.94% lower than $1,453,333 from June 2024. The June 2025 average sale price was at its lowest level compared to June 2024 and 2023
Sales Price / List Price Ratio
The sales price/list price ratio is the average sale price divided by the average list price for sold properties expressed as a percentage. If it is above 100%, homes are selling for more than the list price. If it is less than 100%, homes are selling for less than the list price. The June 2025 sales price/list price ratio was 98.24%, down from 100.36% from the previous month and down from 103.54% from June 2024.
Number of Properties Sold & Absorption Rate
The number of properties sold in June 2025 was 5, up 25.00% from 4 from the previous month and 66.67% higher than 3 from June 2024. The June 2025 sales were at its highest level compared to June 2024 and 2023. Absorption rate is the avg number of sales per month divided by the total number of available properties.
Average Days on Market
The average days on market (DOM) is the number of days a property is on the market before it sells. An upward trend in DOM tends to indicate a move towards a buyer's market, a downward trend tends to indicate a move towards seller's market. The DOM for June 2025 was 56 days, up 33.33% from 42 days from the previous month and 154.55% higher than 22 days from June 2024. The June 2025 DOM was at its highest level compared with June 2024 and 2023.
Average Sales Price per Square Foot
The average sales price per square foot is a more normalized indicator for the direction of property value. The sales price per square foot in June 2025 was $631, down -8.02% from $686 from the previous month and -21.22% lower than $801 from June 2024.
Inventory & MSI
The number of properties for sale in June 2025 was 19, equal to the previous month and 111.11% higher than 9 from June 2024. The June 2025 inventory was at its highest level compared with June 2024 and 2023. A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers. The June 2025 MSI of 3.8 months was at its highest level compared with June 2024 and 2023.
New Listings
The number of new listings in June 2025 was 6, up 20.0% from 5 from the previous month and 50.0% higher than 4 from June 2024. The June 2025 listings were at a mid level compared to June 2024 and 2023.