Parkville home sales showed both positive and negative signs in March 2012.

Total home sales were up 8.4% to $8,698,688 sold. The average sales price, however, was down 11.31% to $158,158.

Ten more homes sold this March, for a total of 55 homes changing hands. Thirty-seven of those homes were detached, single family homes, with sales prices averaging $165,565, a drop of 20.54%, while townhouse average sales price actually rose 10.92% to $142,933.

There were 260 homes for sale last month, a drop of 28.57% from the same period last year. Ninety-five homes came on the market in March, while 8o homes went under contract.

The mixed numbers hopefully show that the Parkville real estate market is beginning to stabilize. There are still a number of short sales and foreclosures in Parkville, which is most likely the reason for the lower average sales price.

Here is a link to the detailed report on Parkville home sales March 2012.

For more details on your Parkville house value, please contact me. I would be happy to guide you!