STRONG FEBRUARY SALES...
In the latest report issued by the Area Board of Realtors (NABOR), home sales are continuing to keep rising. This February there were 542 closed sales on homes in , excluding . This represents an increase of over 27% compared to February of last year. By price, the under $300,000 led the way with over a 70% share of the market. Other price brackets also did well with the $300,000-$500,000 market showing a gain of over 33%, the $500,000-$1,000,000 segment increasing 44%, and the $1-$2 million market bettering the previous February by more than 37%. All areas of experienced an increase in activity as well, with leading the numbers with 131 sales, followed by at 118 and with 115. and each showed improvements in excess of 40% when compared to February, 2009. Overall there were 270 condo sales reported for this year as opposed to 188 in February 2009. This trend of a better market also shows when looking at the 12 month year-to-date figures. In the past 12 months there have been 7,426 closings, a 50% increase from the 4,951 reported for the period ending February, 2009. All geographic areas of shared in this gain with again leading the trend with 1,906 sales, representing more than 25% of the total. with 1,662 closings in this 12 month period showed an improvement of more than 77% from the 938 the year earlier period. Pending sales also showed a remarkable increase going from...http://ChrisAndDick.wordpress.com
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