Victoria home sales March 2015: Swearingen
VICTORIA – The Swearingen Report for residential homes has been released for the 12 months ending March 2015 by Coldwell Banker The Ron Brown Company.
The average sales price for residential homes was $182,829, up 8.6 percent versus March 2014 when it was $168,352.
The median price of residential homes was $169,500, up 10.8 percent versus March 2014 when it was $153,000.
Total sales of residential homes in Victoria MLS for March 2015 was 897, 3.3 percent (31 homes) less than March 2014.
The average Days on Market for residential homes for March 2015 was 84, 8.7 percent shorter than the same period last year.
Total building permits for Victoria city limits for March 2015 were 164, up 42.6 percent compared to March 2014 when the number of permits was 115.
| All Categories* | 12 Months Ending Mar. 2014 | 12 Months Ending Mar. 2015 | Chg. |
| Residential property sales | 928 | 897 | -3.3% |
| Residential total dollar volume | $156,231,019 | $163,997,749 | 5.0% |
| Average residential sales price | $168,352 | $182,829 | 8.6% |
| Median residential sales price | $153,000 | $169,500 | 10.8% |
| Total active listings end of month | 207 | 249 | 20.3% |
| Months inventory** | 3.3 | 4.2 | 27.3% |
*Figures refer to the residential homes market.
**Six (6) months of inventory is considered a balanced market.
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