March Monthly Market Report

March statistics showed modest changes, with a 5% increase in transactions and a 10% increase in dollar volume. Looking at first quarter totals, sales and dollar volume increased 21% from one year ago due to the strong start in January.

The spring season is approaching, and inventory is steadily increasing, with new listings and properties returning to the market. March saw 16% more homes for sale than last year, and in the past 30 days alone, 62 listings were added, putting the current inventory at 170.