LK Marketing and Real Estate

By

Lori Konomos

·

March 2016 Real Estate Market Reports

March 2016 average sales price for new & existing homes combined ($199,281) is 2.7 percent higher than March 2015. There were 2,965 homes sales (new & existing combined) for March 2016  – 3.6 percent higher than last March (2,862). Home inventory (new & existing combined) for March 2016 (7,687) is 29.5 percent lower compared to March…

Fast_Stats_Mar._2016_copy

  • March 2016 average sales price for new & existing homes combined ($199,281) is 2.7 percent higher than March 2015.
  • There were 2,965 homes sales (new & existing combined) for March 2016  – 3.6 percent higher than last March (2,862).
  • Home inventory (new & existing combined) for March 2016 (7,687) is 29.5 percent lower compared to March 2015.
  • The supply of new and existing homes for March 2016 is 2.5 months – representing a home market favoring sellers.

Click here for the Monthly Indicators Report

Click here for the Local Market Update Report

Until next time….

lorikonomos.com

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