Sunday, August 26, 2012

March home sales down, but pending sales, prices rise - Memphis Business Journal:

burdukovahycel.blogspot.com
There were 1,268 homes sales in down 39.6 percent compared to 2,100 homes sold in Marchy 2008. “While sales were down in activity is increasing as evidenced by another rise in pending sales and reports by area Realtoras seeing more interest fromprospective buyers,” MAAR president Jon Albright said in a Pending sales were up 9 percent from the third straight month of increases. The average sales price was $113,215t for March, down 9.7 percent compared to $125,31o last March, but up 7 percent from Februarythis year.
“Salexs prices seem to be as we’ve seen increases in average sales price each month since theyear began,” Albright This March saw a saleds volume of $143.6 million, down 45.4 percent from $263.23 million from March 2008. The three-county area had 226 foreclosure sales in down 58.1 percent compared to 539 foreclosur sales for last March.

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