Realty Insider Blog

Market Conditions
March 13th, 2007 10:02 PM

NVAR has released the February 2007 Home Sales Statistics. Market seems to be pretty flat year over year. However, the average days on market did increase quite a bit.

FEBRUARY HOME SALES 2007 2006
Detached

544

 504
Attached

455

 450
Condos & Co-ops 463 414
TOTAL

(+6.87%) 1,462

 1,368
DAYS ON MARKET
FEBRUARY

(+71.43%) 108

 63
ACTIVE LISTINGS
Detached 3,202
2,650
Attached 1,557
1,738
Condos & Co-ops 2,016 2,200
TOTAL
(+2.84%) 6,775
6,588
AVERAGE SALES PRICE
FEBRUARY
(-1.78%) $504,943
$514,116
MEDIAN SALES PRICE
FEBRUARY
(-4.46%) $449,000
$469,950
YEAR TO DATE
YTD NUMBER HOMES SOLD:
(+10.12%) 2,811
 2,593
YTD SALES VOLUME:
$1,444,435,349
$1,345,595,959
YTD AVG. SALES PRICE:
(-0.15%) $513,851
$518,934

(Table source is NVAR - http://www.nvar.com/market/marketdetail.lasso?articleno=nvarn100431

Posted by Are Andresen on March 13th, 2007 10:02 PMPost a Comment (0)
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