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BROOKINGS REAL ESTATE OFF TO THE RACES IN MARCH 2009!

Brookings Real Estate market sees an extremely active March. Residential Real Estate Sales totalled nearly $4.4 Million Dollars. This is a 45% increase over March '08. Average Sale Price continued to climb, ending the month at $155,629. This is an increase of 4% over the March '08 average sale price of $150,055. Additionally, Homes Under Contract ended the month with another positive. Total Homes Under Contract increased by more than 17% from March 2008's total. Total Inventory Continues to grow, ending up 73% over March 2008's total.

Posted Wednesday May 13