Here is the Wellington CO April 2012 Real Estate Market Report:
March Property sales were 17, up 30.8% from 13 in March of 2011 and 30.8% higher than the 13 sales last month. March 2012 sales were at their highest level compared to March of 2011 and 2010. March year-to-date sales of 37 are running 32.1% ahead of last year's year-to-date sales of 28.
The Median Sales Price in March was $195,000, up 8.3% from $180,000 in March of 2011 and up 11.5% from $174,900 last month. The Average Sales Price in March was $178,953, down -10.5% from $199,901 in March of 2011 and up 8.4% from $165,082 last month. The March 2012 Average Sales Price was at a mid range compared to March of 2011 and 2010.
The Total Inventory of Properties available for sale as of March was 84, up 37.7% from 61 last month and up 9.1% from 77 in March of last year. March 2012 Inventory was at a mid range compared to March of 2011 and 2010. The Average Days On Market for March was 113, up 76.6% from 64 days last month and down -16.9% from 136 days in March of last year. The March 2012 Average Days On Market was at a mid range compared with March of 2011 and 2010.
The Wellington CO March 2012 Real Estate Market Report data is showing some positive signs - sales, prices and inventory all increased strongly. Even given the small number of transactions in absolute terms, this is very good news. And tose buyers interested in attractively priced homes and contimuing low interest rates will still see much of interest in Wellington CO.
If you would like to check out the available inventory, Search Real Estate Listings for Wellington CO. If you run across something you'd like to take a look at, please give us a call - we would be pleased to arrange for you to see any of these fine homes at your convenience.
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