Units for Sale: (compared to March 2011)
New listings are down 7.90%.
Pendings are up 19.39%.
Solds increased by 16.46%
As for Average Prices:
The "New Listings" average list price is up 3.66% to $342,713. In March 2011 the average list price was $330,627.
Sold average sales prices increased 6.14% to $258,863. For March 2011 it was $243,878.
What does this mean? We are seeing a steady number of buyers coming to the market, but listings are not coming on the market at the same pace as last year. The homes that are ready to sell and price right are selling quick.
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