By Mark Pruner

High-End Market Continues to Soar

Our market is doing something remarkable and it is told by a couple of bumpy lines. Our inventory is falling rapidly, but new fall market inventory is coming on. What is causing this drop in inventory is that we are getting more sales and more contracts than in previous years. To have contracts continue to go up for the last 5 weeks, while inventory has been dropping from is remarkable.

What is even more remarkable is how many of those contracts are at the high-end of our market. We have 105 properties that were listed for over $5 million that are sold and we have another 30 that are under contract. These highend sales are up 43% from last year.

Where it really gets amazing is over $10 million where sales are up 100% this year. Not onl

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