- Houses: 101 (down from 102 on 4/10)
- Commercial: 27 (down from 29 on 4/10)
- Condos: 50 (down from 53 on 4/10)
- Land lots: 249 (down from 251 on 4/10)
Source: Multiple Listing Service
All categories showed an inventory decrease in the past week. That
hasn’t happened in a long time.
But the "good news" may be misleading. It appears more high-priced properties are coming on
the market and asking prices are decreasing. A month ago,
the median residential property’s listing was $1.9 million. Today,
it’s lower, at $1.7 million. And the average house price has risen,
from $2.17 million to $2.35 million.
New on the market: Love City Surf Shack at Raintree Maill. Asking $170,000. "Fine beachwear and
supplies. The only surf store on the island," according to the listing.