Non-Waterfront Residential
Non-waterfront sales activity was up across almost all price ranges compared to year-ago levels, with a small decline in the lowest price range as the sole outlier in the fourth quarter of 2019.
The market for non-waterfront residential properties was tightest in the range $200K-$300K, where demand was strongest relative to supply.
Non-waterfront properties in the price range $400K-$500K spent the least amount of time on market before selling in the fourth quarter.
Waterfront
Waterfront property sales were up in all price ranges compared to year-ago levels with the exception of sale in the lowest price range in the fourth quarter of 2019.
The market for waterfront properties was tightest in the range $250K-$400K, where demand was strongest relative to supply.
Waterfront properties in the price range below $250K spent the least amount of time on market before selling in the fourth quarter.
