What Local REALTORS® Want you to Know about the Spring Housing Market
Sales activity and prices are continuing to increase this year. Closed sales jumped by 9.2 percent when compared to March of 2015 with a total of 2,660 sales. Pending sales increased by 16.5 percent compared to last March which represents the third double-digit increase of the year – a positive sign. Average sales price went up by 3.4 percent to $182,023 in March. Inventory, however, remains low with a decrease of 7.6 percent when compared to March 2015.
What do local REALTORS® want you to know about the market?
- Sellers on the fence should take notice. The buyers are there and prices are strong.
- It’s a perfect time to list and sell.
- Consumer confidence is high and interest rates are low.
Are you feeling ready? Click here for more info on buying and selling a home.