March, 2016 Real Estate Market Update

March, 2016 Real Estate Market Update

Another month of mild winter weather has helped boost both the number of homes sold, as well as the number of new listings entering the market. For the under $250,000 price ranges, the homes sales have risen faster than the new listings, causing a drop in listing inventories. For the over $250,000 markets, new listings are coming in faster than sales, pushing up inventories