- Compared with February 2009, closed sales increased 35.1%, while pending sales went up 37%
- Both pending and closed for February increased from January, with pending up 27.3% and closed up 10.6%
- Based on current active listings and sales trends, inventory is currently at 11.6 months, down from 18.6 months in February 2009
If you would like a copy of the complete Market Action Report, e-mail me at johnblom@johnlscott.com.
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