February Home Sales, Median Prices Perked Up

2023-03-10

February Home Sales, Median Prices Perked Up

Sales and prices of previously owned homes improved a bit in February from a historically slow January.  Single-family (detached) home sales rose more than 10 percent last month, while attached properties (condominiums and townhomes) saw a surprising 19 percent rebound over January. However, sales are down dramatically from February of last year: 34 percent. Listings and pending sales of resale homes was also down significantly last month.

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