February Sales are up a bit from the previous 3 months, and that’s good news. But they’re almost 4% lower than Feb 2014’s numbers. And they’re 6 – 10% lower than February 2013, 2012 and 2011. So, so far, this year is trailing last year – which itself was not a bang up year. Not by a long shot. (except for sales at $1.0+, which rose 40% last year over 2013)
But despite tepid sales, sold prices recovered from last months lows and beat the pants off Feb 2014’s numbers. And while the average sold price for this Feb is in the range of averages for the last 12 months, the median hit a monthly high not seen in the last 4 years.
But it’s just one month, and as you can see from the last 12 months, monthly prices bop around, up and down.
The January report is HERE
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