House inventory still at 821 houses for sale and sales for March so far are 48 vs 279 for last March. Sales volume is on track so far this year to be about 30% less than it was last year BUT average sale price is up 10% or so 2012 vs 2011. We have listed about 15% less houses this year over last so there isn't a major push from the inventory side of things. The under $3,000,000 market is where its at.
This entry was posted on March 12th, 2012 by David Malkin | Posted in General