February reported a decrease in sales from the prior year with 1,267 homes closed this February, which was down 33% from 1,892 last year.
Compared to last month, though, sales are significantly up since January of 2009. Single-family residential closings alone exceed 1,000 units.
The median price for residential was $160,000, with $151,120 for condominiums that compares with $168,000 and $154,650 respectively in February of last year. There were 1,452 sales pending at the end of the month and the number of days on the market for a single-family home was 90 days.
Inventory is up slightly at 23,122 compared to 22,473 last year.
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