Realtors say home sales last month a mirror image of year-ago numbers
Friday, March 10, 2017 1:51 PM
Pending home sales increased to 1,332 in February from 1,006 in January, while buyers closed on the purchase of 690 homes last month, compared with 729 the previous month, the Des Moines Area Association of Realtors said. Year-ago comparisons were nearly identical, with 694 homes sold in February 2016. The median sales price last month was $169,900, down from $179,400 in January. The median sales price in February 2016 was $166,500. Homes that sold last month had been on the market an average 83 days, down from 99 in January. The number of homes for sale has declined month-to-month and year-over-year, dropping to 2,915 last month.