February figures show an early boomerang in total sales volume with 115 new properties going under agreement for sale in the shortest month of the year, rivaling December's 116 properties in 31 days and well above January's 99 mark. February monthly statistics that cover the towns of Dartmouth, Fall River, Little Compton, RI, Somerset, Swansea, Tiverton, RI, and Westport reveal a respectable level of activity of residential properties that went under agreement from 02/01/2011 through to 02/28/2011. New pending sales data for February indicate a median and average sale price of $204,900. and $237,600., respectively. The median sale price measures a slight increase, up approximately 2.5% over February 2010 while the average sale price is up a total of 1.92%. This is relatively good news on the local front. Let's hope that this is the start to an early and sustained spring season in the local real estate market!
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