HAR has published the full market stats for April.
You can read the full report HERE and my comments are just below!
9,568 total transactions in April, which is up 3.1% from a year ago. This makes sense because more homes are being built and our population is growing so we should see this number stay positive for a while.
Total inventory is up to 57,436 homes for sale, which is representing a 4.9 month supply.
Average sales price went down 1.4% this last year to $428,709, which is not a surprise as we watch the overall inventory grow. Supply has begun to outpace demand ever so slightly.
We do have more pendings this year than last so it will be interesting to see what next month's data brings.
The fundamentals never change. No matter the market conditions, cosmetically preparing your home for sale is AT LEAST a 3X return on investment.
If you, or anyone you know needs a Real Estate professional, reach out to me anytime.
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