March 2017 Preston Report5/21/2017
Active listing hold steady compared to this time last year. Pending contracts are up 6.8% from February and up almost 10% from March last year. So contracts are up which will help closing numbers soon.
Closed transactions for the first quarter were up 27 transactions or 3.3%.
New home listings are down from last year which they needed to be. Pending contracts are up from last year, but way behind the previous three years at this time. And which shows in closed deals as they are still down from last year.
Some price ranges saw some big jumps this month in pending contracts like the $500,000 to $700,000 that saw a 36.8% rise in contracts from last month.