By The Numbers – Home Sales in March

Home prices and sales posted strong gains in March, according to a survey by national realtor Redfin; and 2017 remains on track to be the fastest housing market on record.

$273,000 – Median sale price

8.9% – Home sales increase over last year

13% – Number of homes for sale decrease compared to last March

18th Consecutive month of annual home supply decline

49 – Number of days on average that a typical home went under contract, fastest since 2010

1 out of 5 – Homes that sold in March went under contract within two weeks

21.7% – Percentage of homes that sold for more than their list price