This page retains its original June 2023 title and publication date, but its embedded document is titled July 2023 and its two graphics report June 2023 results. Those month-end figures could not have been known on the original June 16 publication date. The archive does not establish when the later document was added; read the figures below as June results from the July report, not as a June 16 snapshot.
Open the original 26-page luxury report for its category definitions, tables and North American comparisons.
The report classified the single-family segment as a buyer’s market with an 8% sales ratio. It recorded 97 properties in inventory and eight sales, compared with 75 and ten in June 2022. The median sale price was $6,532,500, compared with the prior chart’s rounded $4.35 million. The current chart rounds the median to $6.53 million.
Reported sale price per square foot rose from $1,071 to $1,686. The median sale-to-list-price ratio moved from 96.23% to 94.89%, a decline of 1.34 percentage points. Median days on market rose from 230 to 331, a difference of 101 days. The most active price bands were $3,000,000–$3,499,999 and $10,000,000–$10,999,999, each with a 25% sales ratio.
The attached segment was classified as balanced, with an 18% sales ratio. Inventory was 40, compared with 44 in June 2022, and sales were seven versus eight. The median sale price was $1,175,000, shown rounded to $1.18 million in the chart, compared with $980,000 a year earlier.
Reported sale price per square foot was $1,649 versus $1,088. The median sale-to-list-price ratio was 97.20% versus 97.10%, an increase of 0.10 percentage point despite the chart’s whole-percent variance label rounding to 0%. Median days on market rose from 53 to 57. The most active band was $800,000–$899,999, with a 67% sales ratio.
The report’s two property categories had different sales-to-inventory conditions. Single-family sales fell from ten to eight while inventory increased; attached sales fell from eight to seven while inventory declined. Higher median sale prices in such small samples are not a measurement of how much every home appreciated. The category medians for time on market also do not promise a particular marketing period.
The report covers properties above its market-specific luxury benchmarks, with active and sold records and no pending properties in the stated data. A sales ratio compares the period’s sales with remaining inventory; it is not the percentage of asking price achieved. Ratios above 100% can occur when sales exceed the inventory remaining at the measurement date, and are not a probability of selling. Small numbers and a changing mix of homes can move medians substantially without measuring the appreciation of the same property.
The July 2023 archive carries the same report under its matching edition month. This date note preserves the meaning of the older link without inventing a separate June-edition dataset.
For a property-specific comparison, contact Anne-Britt Ostlund at Mountain Rose Realty at 970.759.4886 or use our contact page. Compare current local listings and completed sales rather than applying a historical category summary to every home.