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March statistics are in
April 6th, 2010 9:39 AM
The year over year statistics for March are in. Based on the data it appears that things are still soft but they show signs of improving. In March of 2009 there were 675 total residential listings while this March there were 725 which is a 7% increase. Last year there were 70 residential properties under contract in March while this year there were only 33 which is a huge decline. The sold volume actually increased this year by 4% while the total number of closings in the month went fron 53 in March 2009 to 54 in March 2010. The average sales price in March 2009 was $205,054 while last month the average was $210,129 which is a 2% increase even during this Great Recession. The weather is improving although the windy weeks are upon us. I'm looking forward to a good spring and summer market and am hoping that the government extends the homebuyer tax credit which is helping fuel this market.

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Posted by Robert Dinning on April 6th, 2010 9:39 AMPost a Comment