April Residential Highlights:
Douglas County saw a strong month in April for accepted offers. There were 187 pending sales, ending 11.3% ahead of April 2018 (168) and 24.7% ahead of last month in March 2019 (150). New listings, at 224, rose 5.2% from the 213 new listings offered in April 2018 and 30.2% from last month in March 2019, when 172 new listings were offered. Closed sales (132) cooled 6.4% from April 2018 (141), but outpaced March 2019 by one closing (131). Inventory in April decreased very slightly to 3.3 months, while total market time rose by four days to 85 days.
Average and Median Sales Prices:
Comparing 2019 to 2018 through April, the average sale price has increased 9.6% from $212,000 to $232,400. In the same comparison, the median sale price has increased 8.9% from $192,800 to $210,000.
In the link below, you will find the latest market statistics for home sales in your neighborhood!
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*Inventory in Months is calculated by dividing the Active Residential Listings at the end of the month in question by the number of closed sales for that month. This number includes proposed and under construction homes.