I never thought that February would be a relief; but after the snows of January, simple cold weather was delightful. Buyers felt that relief compared to 2009 certainly and February 2011 performed ever so slightly better than 2010 as well.
Looking back to 2009 and we see that only 6 single family houses sold in February with a median sale price of $1,575,000, with 140 days on market and a sale to list ratio of 83%.
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25 houses sold in 2010 with a median sale price of $1,100,000, 211 days on market and a 90% list to sale. Now in February 2011 we had 26 single family homes...