The housing market in February continued the positive pace started in January. The number of houses sold increased by double digits while the average and median selling prices held within 2 percent or less when compared to February 2015. Homebuyers in February found average and median selling prices that were significantly lower than in January.
ST. JOSEPH, MI ? ?Our housing market has continued a nice rebound with over 300 houses selling per month since June. The month of May missed the trend with only 297 houses sold. October sales, at 347 houses sold, was the highest number of sales than in any other October going back to 2006, the peak year in our market area. This makes the third month in a row housing sales have set this record. October 2015 home sales were up 8 percent over October 2014 and 7 percent over sales in September,? stated Gary Walter, EVP, of the?Southwestern Michigan Association of REALTORS?, Inc.