LK Marketing and Real Estate

By

Lori Konomos

·

February 2016 Real Estate Market Report

February 2016 average sales price for new & existing homes combined ($191,888) is 3.4 percent higher than February 2015. There were 1,961 homes sales (new & existing combined) for February 2016  – 0.7 percent higher than last February (1,948). Home inventory (new & existing combined) for February 2016 (73294) is 31.2 percent lower compared to February…

  • February 2016 average sales price for new & existing homes combined ($191,888) is 3.4 percent higher than February 2015.
  • There were 1,961 homes sales (new & existing combined) for February 2016  – 0.7 percent higher than last February (1,948).
  • Home inventory (new & existing combined) for February 2016 (73294) is 31.2 percent lower compared to February 2015.
  • The supply of new and existing homes for February 2016 is 2.4 months – representing a home market favoring sellers.

 

Click Here for the Monthly Indicators Report

 

Click Here for the Local Market Update Reports

 

Fast_Stats_Feb._2016_copy

Until next time…..

lorikonomos.com

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