The spring housing market got off to a fast start this year with a nice increase in home prices and number of homes sold.
Home prices soared, up $13,000, on average compared to March of 2014. We also saw a nice rise in the number of homes sold, up nearly 20 percent in the local housing report of March 2015.
Market activity has also been very active in the month of April as well. A sharp increase in listing activity was a welcome sign to eager buyers looking for a home. There are currently 194 homes sale pending on the market, so not only are more homes coming on the market, buyers are finding what they like and are making a move. Good sign we may see a strong housing market this year.
Monthly Comparison by the Numbers
Month # Sold Avg. Price Avg. Days on Market
March 2015 127 $104,985 140
Last Month 68 $93,518 147
March 2014 104 $91,882 172