The median days on market for SFH sales is a day lower, at 18 days. The condo market has decreased by 3 days, to 22 days on market, compared to 2014. There was 3.2 months of remaining inventory in the SFH market and 3.5 months remaining inventory for condominiums, a slight increase.
SFH priced in the $350,001-$475,000 range had the least days on market at 17. Condos priced in the $375,001-$475,000 ranges has the least days on market, at 19.
SFH sales received an average of 97.7% of their list price and condominiums received 98.4%.
There were 324 SFH sales and 500 condo sales in June while 548 SFH listings and 606 condominium listings entered the market.
Data source: HBR Monthly Housing Statistics