OB is tough as it is so thinnly traded. A few houses either way can really swing the trends.
There is virtually 0 months supply up here. Anything sitting on the market more than a few days is super high end, has issues. is horribly overpriced or a combination of the three. The current median of $2.4M for actives tells that story as the median of sold homes the last 30 days is $1.25M
I just looked at the 54 SFR’s on the market. Only 9 are below $1.4M and 6 of those 9 are on the market a handful of days so should be sold soon. Overall 22 0f the 54 actives have been on the market a week or less
