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Homes Sold at Record Pace in March: Redfin

March Madness was real in the housing market, which has continued to break records. So reports The Real Deal.

house for sale 2845213 1920In the four weeks ending March 28, 59% of homes that went into contract had been on the market four fewer than 14 days, the highest percentage in the nine years that Redfin has been keeping track.

The ratio of sale price to asking price was 100.4%, the highest on record and up from 98.4% during the same period a year ago.

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