StreetEasy’s report said the despite the 5.4% growth of inventory between July 2013 and this year, the number of available units is 16.2% below the five-year average level of inventory. Costs are now at a nineteen year high.
The median sales price in July was close to $1.4 million, a 14.4% jump from the $1.2 million median price during the same period last year.
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