APRIL 2021 New Listings:
We start by looking at the NEW LISTINGS that came on the market in April and we begin with 2019, where we see there were 548 NEW LISTINGS that came on the market. In April of 2020, we find we decreased by -18.6 percent with 446 NEW LISTINGS. This year in April of 2021, we decreased by -2.5 percent with 435 NEW LISTINGS.
APRIL 2021 Homes for Sale:
We again, start by looking at April of 2019, where we see there were 948 HOMES FOR SALE. In April of 2020, we find a decrease of -13.1 percent with 824 HOMES FOR SALE. This year in April of 2021, we decreased significantly by -73.7 percent with only 217 HOMES FOR SALE.
APRIL 2021 Pending Sales:
Let's view April of 2019, where we see there were 462 PENDING SALES. In April of 2020, we decreased by -17.5 percent with 381 PENDING SALES. This year in April, we increased by +9.2 percent with 416 PENDING SALES.
APRIL 2021 Median Days on Market:
Let's view April of 2019, where we see there were 17 MEDIAN DAYS ON MARKET. In April of 2020, we decreased from the previous year by -41.2 percent with 10 MEDIAN DAYS ON MARKET. This year in April, we decreased by -70.0 percent to only 3 MEDIAN DAYS ON MARKET.
APRIL 2021 Months Supply of Homes for Sale:
In April of 2019, the MONTHS SUPPLY OF HOMES FOR SALE was 2.6. In April of 2020, we decreased by -19.2 percent with a 2.1 MONTHS SUPPLY OF HOMES FOR SALE. This year in April, we decreased by -76.2 percent with only 0.5 MONTHS SUPPLY OF HOMES FOR SALE!
So there is your comprehensive LOCAL look at the real estate market. If you are considering a sale of your home then now might be a perfect time as the competition is low as we mentioned the inventory of homes is down by -73.7 percent from 2020 and the number of days on market is down by -70.0 percent to only 3 days! If you are interested in buying a home then let us help you get a competitive advantage. Please reach out to the Linda Hall Team. We'd love to assist you!!