Like in January, it was not time consuming to research the MLS for February sales in the Genoa area.  Once again there was only one sale to close escrow this month for $729,000.  That brings the total for this year to two homes sold for total sales of $1,249,000.  That compares to just one sale for the same period in 2007 for $600,000.  A very interest statistic for the two sales this year is that the average “Days on Market” was just 105 compared to the one sale last year which on the market for 254 days. 

There are still three homes currently in escrow with average listing prices of $744,633.