By Lisa Ashworth

For as many new listings came that on the market, the same amount sold. The number of new escrows was even higher and a striking number of properties came off the market. While the number of units was down in the condo/townhome/loft market, the scenario was very similar.

If I’m seeing any trend at all, it may be worth speculating the high-end is near the tipping point. For homes sold in the last 7 days, the median price was $555,000. For homes that came off the market, the median price was $956,000.

The first chart reflects the market activity for single family residences (SFR). The second chart reflects the market activity for condos, townhomes and lofts.

Single Family Residences

Condos/Townhomes/Lofts