March 2018 single-family home unit sales were the same as March last year; however, dollar sales were up 3%. Buyer interest continues to increase while inventory remains very limited. March condo sales were up; land sales were down; there were no commercial sales.
2018 started with gains in all categories of property. Single-family homes are the largest component of the market. January unit sales were up 33.3% over last year. Buyer interest continues to grow while inventory remains very limited. There isn’t enough supply to satisfy the increasing demand. Good homes in good locations are selling faster, and prices are rising.
November 2017 was another “up” month, although not by much.