Monthly activity through February 28, 2010 brought in 23 sales totaling approximately $64 million, a 100 percent increase from February 2009, as measured by transactions, and a 346 percent increase by dollar volume. As compared to the prior five year February average, February 2010 is up by approximately 80 percent. This healthy increase in sales volume was boosted mainly by the $19.2 million sale of 15 Top Gale Lane. Excluding this sale, dollar volume increased 214 percent from the prior year and 25 percent from the five year average. So far the market is off to a good start and spring is just around the corner! For February’s monthly activity file click here.
