housing statistics

Homes selling faster, median sales price rises 3% Sales volume Sales Price Listing Inventory Days on Market SummaryMore homes coming onto the market but spending less time on market. Prices moving upward, indicating increased competition. Sales volume down slightly.

Sales volume dips for year’s start, sales price sees increaseJanuary closed with 572 sales, a 28.9% decrease from December (804). Compared to one year ago (1,030), the current figure is down 44.5%. Of the 572 sales this month, 92 (16.1%) used cash financing, 329 (57.5%) used conventional, 95 (16.6%) used FHA, 33 (5.8%) used VA