All of our March stats have been uploaded to Keystone so members can retrieve and view all of them for March and the first quarter of 2016. In summary, our sales of 1,058 were up 5% from March 2015 and dollar volume of close to $300 million rose 7%. Year-to-date MLS® activity shows we are ahead by 8% in MLS® sales and 11% in dollar volume. It is safe to say 2016 is off to a good start with solid market activity  and it bodes well as we head into the spring market.


March 2007 is our best March on record at 1,140 and there are a few other years where March outperformed this March. We are still in the top five years for both March and first quarter sales activity. Not surprisingly, given that prices are remaining firm this year our dollar volume for March 2016 and the first quarter are the highest on record.


Listings are finally leveling off this year  which will keep us in balanced market territory. Overall we have roughly 4 months of MLS® supply in our inventory if we were not to add any new listings onto the market.


Finally, condominiums are seeing a notable improvement in sales activity this year over a poor start in 2015.  March condominium sales were up 25% over March 2015 while year-to-date activity has increased by 15%. The residential-detached or single family home MLS® property type was down 2% in March in comparison to the same month last year while year-to-date sales are up 4% over the first quarter in 2015.

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