Early 2007 Market Report
March was a turning point in the real estate market springing back!
92 homes closed in March compared to 73 in December 2006 and 91 homes went pending compared to only 52 in December! Big increase in sales and pendings!
Also, sellers are getting 96.37% of their asking price (usually after a realistic price reduction!) Still almost a 10% cancellation rate for escrows. Buyers, make sure you are pre-qualified!
Best Wishes as our Spring market blossoms!