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March MLS Report Shows Pending, Active Sales Up

The Multiple Listing Service sales report showed pending sales at 1,652 as of April 17, up 13.8 percent from mid-March. Active listings stood at 4,681, up 5 percent from a month earlier.

» GET THE MARCH MLS REPORT HERE.

  Other numbers of note:

  •   Average sales price for March was $185,929, up 9.2 percent from a year ago.
  •   Median sales price for March was $158,600, up 13.3 percent from a year ago.
  •   The average market time in March was 73 days, the same as a month earlier.
  •   There were 534 sales of units that were on the market 30 days or less.
  •   At the upper end of the market there were 45 sales of $500,000 or more, up 45.2 percent from a month earlier.

Prepared for maar.org by Don Wade, 901.485.1653.

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