August was yet another big month as, much like the weather, the real estate market stayed very hot. Below are the numbers that paint a pretty rosy picture of the market in this wonderful coastal city.
Active Homes For Sale (as of 8/30/18)
- Number of homes for sale: 106
- Highest Price: $13,700,000
- Lowest Price: $415,000
- Median Price: $1,215,000
- Avg Price: $1,517,000
- Median Days on Market: 42
- Avg Price per Sq Ft: $662
Pending and homes in Escrow
- Number of homes for sale: 77
- Highest Price: $2,795,000
- Lowest Price: $205,386
- Median Price: $1,075,000
- Avg Price: $1,130,000
- Median Days on Market: 29
- Avg Price per Sq Ft: $628
Closed home sales (for August)
- Number of homes for sale: 83
- Highest Price: $3,395,000
- Lowest Price: $399,000
- Median Price: $1,165,000
- Median Days on Market: 16
- Avg Price per Sq Ft: $628