February 2013 Market Report is Now Available

Download now: February 2013 Market Report

YTD (February 2012 vs February 2013) Single Family Highlights:

•Increase in the Number of Closed Sales to 4,706 (up 18.5%)
•Average Days on Market decreased to 81 days (from 105 days)
•Number of Active Listings decreased 31.4% to 5,541
•Average Sold Price increased 11.3% (from $271,577 to $302,152)
•Units Placed Under Contract increased 23.0% to 7,587
•Total Sales Volume increased 31.9% from $1.1 billion to $1.4 billion
•Absorption Rate decreased from 2.0 months to 1.2 months

YTD (February 2012 vs February 2013) Condo/Town Home Highlights:

•No change in the Number of Closed Sales at 994
•Average Days on Market decreased to 72 days (from 104 days)
•Number of Active Listings decreased 37.9% to 1,245
•Average Sold Price increased 12.3% (from $154,137 to $173,049)
•Units Placed Under Contract increased 27.3% to 1,877
•Total Sales Volume increased 37.1% from $153 million to $210 million
•Absorption Rate decreased from 3.0 months to 2.0 months


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