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February Sales Highlights

March 3rd, 2010

February was a greatly anticipated month after January’s shortfall. The month closed with 959 sales up 10% from 2008 and up 8% from January.

Average sales prices fell 10% to $100,844 compared to $110,170 last year.

New home sales were up 5% but the average new home sales price dropped 25% down to $208,396.

Non-Bank sales were up 18% from the prior year and Bank Sales were up 2%.

Foreclosures were down 13% from February 2008 with 425 total. Foreclosure notices were also down 3.4%

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