Listings Show Positive Trend as Market Begins to Heat Up

MLS Sales Statistics for February 2019

Published Monday, March 18, 2019
 

The Multiple Listing Service sales report showed pending sales at 1,305 as of March 18, up 3.6 percent from mid-February. Active listings stood at 3,806, up 0.5 percent from a month earlier.

Other numbers of note:

  • Average sales price for February was $204,753, up 7.3 percent from a year ago.
  • Median sales price for February was $168,000, up 6.7 percent from a year ago.
  • The average market time in February was 60 days, down 4.8 percent from a month earlier.
  • There were 422 sales of units that were on the market 30 days or less.
  • At the upper end of the market, there were 43 sales of $500,000 or more, up 34.4 percent from a month earlier.

Prepared for maar.org by Don Wade, 901.485.1653.