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Sales Prices Up, Inventory Down, Fewer Foreclosures

[Click the graph so you can actually see the numbers!]

Of course our morning of data wouldn't be complete without the monthly Pending Sales Index, we have it here with the heartening news that February had the highest number of sales for any February since 2007. The median sales price is also up six percent compared to last year. There are fewer properties for sale and fewer foreclosures entering the market, but if you want all the nitty gritty click on over for the deets.

· Year-over-Year Gains in Sales Price and Contract Activity in DC Metro Area [CDC]