Market Report: February 2015

Highlights:
-February 2015 Sales were up 21% when comparing February of 2014.
-February 2015 median sales price was down 3% when compared to February 2014
-Thus far in 2015, the median sales price increased 17%
-Median days on the market decreased by 18%

Click here for the 2014 Summary 

-February 2015 Sales were up 21% when comparing February of 2014.

-February 2015 median sales price was down 3% when compared to February 2014
-February 2015 median sales price was  down 11% when compared to February 2013
-February 2015 median sales price was up 4.5% when compared to February 2012.

Keep in mind that overall, the median sales price increased slowly but steadily over the past 4 years. 

-Median days on the market decreased by 18%

-Thus far, 2015 has had 8 more sales, or a 7% increase, than 2014.

-Thus far in 2015, the median sales price increased 17%

-Thus far in 2015, the median days on the market is down 13%

-There were 2% less homes for sale than in February 2014.

-There were 24% more contracts than in February 2014.