February closed with mixed results mostly due to the lack of new active listings from the same time in 2015. I feel that the uncertainty in the market due to elections etc. is making sellers wait to see what happens. Unfortunately the inventory for single family homes in the affordable price range is VERY limited. Those that hit the market are selling in record time.
The median single family home sold for $650,000
The median condo sold for $345,000
The median vacant land sold for $ 1,300,000
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