Here are the numbers:
Active listings: 1,282 (January was 1,198)
Pendings: 295 (January was 260)
Solds: 217 (January was 164)
Average sales price: $499,984 (January was $550,628)
Average days on market: 49 (January was 53)
Average list/sale price ratio: 96% (January was 96%)
Out of the 217 sales that took place in February 70% were cash, 26% were conventional financing, 2% were FHA & 2% were VA loans.
We are currently at 6 months worth of inventory.
