

• Median sales price was the third-highest on record and was essentially unchanged from the same period last year.
• Sales rose annually for the seventh time as days on market fell to its lowest level in six quarters.
• Listing inventory continued to rise but remained below the second quarter average for the decade.
• Sales above the $5 million threshold was the second-highest in history.
“The number of sales over $5 million were the second-highest on record as sales continued to expand.”
on Market +9.9% INVENTORY Total Inventory 0.6% NEGOTIABILITY Listing Discount
• Median sales price rose year over year to the highest on record.
• Sales have been rising annually for the past eight quarters.
• Listing inventory declined year over year for the third time.
• The market share of sales above the $1 million threshold was the highest on recordreached a new high.
“Median sales price set a new record in three of the past four quarters.”