MIDLAND – The local housing market saw a trend toward the buyer last month, according to the Permian Basin Board of Realtors.
In February, the average sales price and median sales price were $329,500 and $295,000, respectively, both down year over year.
Days on market rose to 57 days, the longest since March 2017.
The number of homes sold during the month rose 22.8 percent year over year to 178 homes. Listed homes increased 85.3 percent to 493.
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Source: Mildand Reporter-Telegram
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