Here are the numbers:
Active listings: 1,923 (January was 1,801)
Pendings: 281 (January was 270)
Solds: 246 (January was 190)
Average sales price: $476,611 (January was $533,573)
Average days on market: 69 (January was 76)
Average list/sale price ratio: 96% (January was 96%)
Out of the 246 sales that took place in February 49% were cash, 40% were conventional financing, 6% were FHA & 5% were VA loans.
We are currently at 7.8 months worth of inventory.
