Market Data

# of listings currently on the market

March 2010   1,508
March 2011   1,656

Median Sales Price

(single family homes and condos)

2009 2010 2011

Jan $92,500 $104,500 $109,500

Feb $98,800 $97,500 $92,700

Mar $114,500 $101,900 $91,00

Apr $105,00 $106,000

 

“Owning a home contributes to the strength of the nation’s economy and is still one of the best ways for individuals to build long-term wealth; therefore, we need public policies that support homeownership.  Making it harder for families to afford safe mortgages does not further the goal of a housing or economic recovery.   To this end, the NATIONAL Association of REALTORS and others are working to impress upon Congress the importance of maintaining the mortgage interest deduction (MID) which primarily benefits middle – and lower income families as well as to stress the need for government to continue to play an important role in housing finance to help ensure that there is an adequate secondary market for mortgages,” said Terry Nuding Predient of the Capitol Area Association of Realtors.