Continued Improvement! The total properties sold went up 11.9% compared to this time last year. Our average days on market was 105 days. Keep in mind – this varies greatly from price range and neighborhood. I am seeing properties going under contract in less than a week, and in some cases multiple offers when the property is priced right and in good condition.
Our inventory continues to be incredibly low, now with only 10086 active listings – down 41.9% compared to last year. Whats this mean – LESS competition if you are thinking of selling.
The average sales price for February was $248,000.00
Its a great time to get on the market NOW before the Spring rush!
For a pdf version of this report, click here: 02.2012
Lori Vialpando's Blog 