Thursday, March 27, 2008

Uptick in sales

Tuesday's Desert Sun ran the following:

Valley Sales Up

Coachella Valley home sales in February increased 4.5% over January's sales, according to the California Association of Realtors.

Sales are down 14.2% from February 2007, figures released Monday show.


The exact number of homes sold was not released.

Statewide, February's single-family home sales rose 9.5% from January, but were down 28.5% from February of last year. It's the fourth month in a row that California's sales rose month-over-month.

The median price of a Coachella Valley single-family home was $334,910 in February, up 4.8% from January. The state's median was $409,240..

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