For residential properties, inventory throughout the city is low, with sales and under contract properties on the rise. With all three categories, detached, attached and multi-units seeing a months supply of inventory at about three months, properties are moving off the market quickly as demand in key markets pick up.
Though sales of vacant lots are slightly down from this time two years ago, prices haven sharply increased to more than 400% as key neighborhoods and areas are targeted by large developments.
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