February 2012 Market Report is Now Available

The February 2012 Market Report is now available

YTD (February 2011 vs February 2012) Single Family Highlights:
Increase in the Number of Closed Sales to 3,971 (up 13.7%)
Average Days on Market decreased to 105 days (from 121 days)
Number of Active Listings decreased 39.7% to 8,082
Average Sold Price saw no change (from $271,516 to $271,577)
Units Placed Under Contract increased 12.8% to 6,167
Total Sales Volume increased 13.7% from $949 million to $1.08 billion

YTD (February 2011 vs February 2012) Condo/Town Home Highlights:
Increase in the Number of Closed Sales to 994 (up 11.6%)
Average Days on Market decreased to 104 days (from 126 days)
Number of Active Listings decreased 49.5% to 2,004
Average Sold Price increased (up 0.8% from $152,955 to $154,137)
Units Placed Under Contract increased 7.0% to 1,469
Total Sales Volume increased 12.4% from $136 million to $153 million


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