APRIL 2020 New Listings:
We start by looking at the NEW LISTINGS that came on the market in April and we begin with 2018, where we see there were 668 NEW LISTINGS that came on the market. In April of 2019, we find an increase of +3.3 percent with 690 NEW LISTINGS. The following year in April of 2020, we decreased by -21.6 percent with 541 NEW LISTINGS.
APRIL 2020 Homes for Sale:
We again, start by looking at April of 2018, where we see there were 1,405 HOMES FOR SALE. In April of 2019, we find an increase of +6.5 percent with 1,497 HOMES FOR SALE. The following year in April of 2020, we decreased by -19.8 percent with 1,200 HOMES FOR SALE.
APRIL 2020 Pending Sales:
Let's view April of 2018, where we see there were 536 PENDING SALES. In April of 2019, we increased by +3.9 percent with 557 PENDING SALES. The following year in April of 2020, we decreased by -2.2 percent with 545 PENDING SALES.
APRIL 2020 Median Days on Market:
Let's view April of 2018, where we see there were 16 MEDIAN DAYS ON MARKET. In April of 2019, we increased from the previous year with 17 MEDIAN DAYS ON MARKET. This year in April, we decreased by -35.3 percent with 11 MEDIAN DAYS ON MARKET.
APRIL 2020 Months Supply of Homes for Sale:
In April of 2018, the MONTHS SUPPLY OF HOMES FOR SALE was 3.2. In April of 2019, we increased by +3.1 percent with a 3.3 MONTHS SUPPLY OF HOMES FOR SALE. This year in April, we decreased by -27.3 percent with 2.4 MONTHS SUPPLY OF HOMES FOR SALE.
So there is your comprehensive LOCAL look at the real estate market. As you can see the market is definitely still active and if you are considering a sale of your home then now might be a perfect time. Please reach out to the Linda Hall Team. We'd love to assist you!!