More Good News About Local Real Estate

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Quarterly reports show improvements in local area real estate across the board:

  • Median sales price of $107,000 up 20.2% over this time last year and the highest it has been since July 2009
  • Number of homes sold up 13.5% over this time last year
  • Pending sales up 71.1% from this same month last year and the highest since 2009
  • Inventory is down 18.1% from this time last year
  • Average sale price is 90.1% of list price, is the highest it has been since 2009. Another indication of a market on the mend.
  • Traditional Sales are up 46.4%
  • Foreclosure Sales down 35.7%
  • Short Sales down 40.4%

First time homebuyers, now is the time to get pre-qualified and start looking. There are several programs that allow for no money down.

 

 

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