Sales of single-family, re-sale homes were up 87.5%
from February. Year-over-year, home sales were up 66.7%. This is the ninth month in a row home sales have been higher than the year before.
The median price for homes gained 13.5% from February, and was up 14,5% year-over-year.
Sales of lofts/condos also increased sharply last month, rising 51.1% from February, and up 82.1% year-over-year.
The median price for lofts/condos rose 3.1% from February, and was up 3.2% year-over-year.
The increase in sales was welcome and put home sales up 39.9% year-to-date. For lofts/condos, sales are up 73.8%.
With the new state tax credit and the federal tax credit still in effect until the end of April, we expect sales for the Spring selling season to be strong.
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