It’s early, and the final February sales count will probably wind up around 165-170, which is in line with years prior to 2021. However, the pricing is nuts – and related to the number of homes for sale!
LAST MONTH, THE MEDIAN SALES PRICE WAS 11% HIGHER THAN THE MEDIAN LIST PRICE!
February’s median sales price was +36% YoY!!!
Second quartile actually. 😉
Something about a “slinky.”