months supply. That is up from 3.3 months a year earlier and represents the greatest supply since October 2018. It is also slightly above the national inventory of 3.5 months reported by NAR.
Broken out by housing segment, March sales performed as follows:
$1 - $99,999: decreased 5.9 percent
$100,000 - $149,999: decreased 17.7 percent
$150,000 - $249,999: increased 5.4 percent
$250,000 - $499,999: increased 9.8 percent
$500,000 - $749,999: unchanged
$750,000 and above: increased 9.0 percent
HAR also monitors sales activity among existing single-family homes. Existing home sales totaled 5,676 in March, up 5.2 percent versus the same month last year. The average sales price increased 2.7 percent to $286,868 while the median sales price rose 2.3 percent to $225,000.