January was not a one-month signal.
Twenty-five single-family closings against fourteen last February. Total dollar volume of twenty-three million dollars against eleven a year ago, a one hundred five percent jump. Median sale price came in at seven hundred forty-five thousand against seven hundred ninety-eight thousand, down six percent on a mix that leaned slightly mid-market.
Average sale price up fifteen percent. Percent of list held at ninety-eight. The simple read is that the working market broadened: more transactions, on slightly lower-skewed mix, with the per-deal economics intact.
This is the cleanest February in this dataset. The pipeline that built through December and January converted at a pace the city has not run at in two years. Inventory remained essentially flat year over year (one hundred two against ninety-nine), so the supply pool absorbed without expanding.