|Feb 2013||Feb 2014||% Change||YTD 2013||TD 2014||% Change|
|Median Sales Price||146,000||148,300||1.6%||146,000||150,395||+3.0%|
|% of Orig. List Price Received||94.9%||96.0%||+1.2%||94.8%||96.0%||+1.3%|
|Inventory of Homes for Sale||1457||1387||-4.8%|
|Month's Supply of Homes for Sale||4.7 Months||4.1 Months|
Are you enjoying it? We are sure glad to see the warmth and the sunshine. It feels like winter is over, however we know it is still just March 10!
We have the market report for February so we will share the latest market news with you today. These are numbers that reflect the 6 counties that are on our MLS.
If you are living in a small town around we also have statistics for those specific markets. Contact us for the details of your market at any time.
This market report is a pretty good one considering it is for February and remember what we have had for weather the last month. Generally looks like sales are holding steady while the inventory of homes continues to get smaller. If you are looking to buy in the near future, it might be wise to consider buying in the next 30-60 days before the larger number of buyers start buying in May & June as you might find more choices today? If you are selling, it would be wise to get your house ready & on the market very soon as we have historically had very good sales in March & April.
If you have questions on any of these numbers or how to apply them to your personal circumstance, Please call us!
Have a Fantastic Week!