April Residential Highlights:
New listings (212) increased 20.5% from the 176 listed in April 2020, and increased 20.5% from the 176 listed in March 2021. Pending sales (183) increased 23.6% from the 148 offers accepted in April 2020, and decreased 1.6% from the 186 offers accepted in March 2021. Closed sales (143) increased 26.5% from the 113 closings in April 2020, and decreased 3.4% from the 148 closings in March 2021.
Inventory and Time on Market:
Inventory increased to 1.1 months in April. Total market time decreased to 43 days.
Year to Date Summary:
Comparing the first four months of 2021 to the same period in 2020, new listings (683) decreased 1.3%, pending sales (610) increased 8.9%, and closed sales (494) increased 2.9%.
Average and Median Sales Prices:
Comparing 2021 to 2020 through April, the average sale price has increased 21.2% from $242,500 to $294,000. In the same comparison, the median sale price has increased 19.9% from $221,500 to $265,500.
In the link below, you will find the latest market statistics for home sales in your neighborhood!
As always, you can find additional information on our website and we would love to connect with you on Facebook!
CLICK HERE TO VIEW THE REPORT!
*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.