Real Estate Update February, 2018

March 12, 2018

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Here are the latest Real Estate statistics for February, 2018.

Number of sales were down 38.25% from February 2017, from 779 to 481

Average Sales prices were down 9.47% from $724,432 in 2017 to $655,804 in 2018

Average days on market were up by 91.67% from 12 days to 23 days…

New listings were down by 6.2% from 963 to 895

Active listings increased by 108.87% from 496 listings to 1,036

Amount of inventory increased from 1 to 1.9 months an increase of 90%

Do you know anyone thinking of Buying or Selling Real Estate?  I’m never too busy for your referrals!  🙂