Buyers in February purchased homes in metropolitan Columbia at a rate 20 percent greater than a year ago, or 111 additional homes, a state Realtors organization reported Friday.
But the rise was 3.3 percentage points less than in January, when buyers snapped up single-family, condos and villas at a 23.3 percent rate of growth compared to January 2014.
The most recent monthly report also showed the median prices of those homes rose by nearly $3,700 to $136,395 in February. That was a jump of just less than 3 percent.
It also took four days longer to sell a home this February compared to a year ago.
Here’s a closer look at the numbers released by the Realtors group:
Homes sold: Climbed 20 percent to 666 compared with 555 in February 2014. The January 2015 figures showed a 23.3 percent increase compared to a year earlier.
Median price: Rose 2.8 percent to $136,395 compared with $132,700 in February 2014. The January 2015 figures had a 3.7 percent increase compared to January 2014.
Average days on the market: Crept up 3.9 percent to 106 days compared with 102 days in February 2014. In January 2015, it took 118 days, a jump of 9.3 percent compared to a year earlier.