Author: Lonisa   April 29, 2015

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