Home sales March up in Wichita Falls

WICHITA FALLS – Existing home sales in March were up from February, but lagged behind the same month last year, according to a report from the Wichita Falls Association of Realtors. Existing home sales for March totaled 102, an increase from February when the figure was 93.

The total was down, though, from 159 in March 2013. The total number of existing home sales so far for 2014 stands at 284, compared to 339 during the same period in 2013.

The sales volume in March was $13.92 million, compared to $11.26 million in February. The total in March 2013 was $16.71 million. For the year, the total is $34.81 million, compared to the 2013 figure of $38.30 million.

The average sales price in March was $136,521, an increase of $15,433 over February when it was $121,088. The average number of days on the market was 104 and there were 265 new listings. There were 838 total active residential listings in March along with 164 pending sales.