Let's dive even deeper than this. Let's begin by looking at a year over year comparison of specific real estate data that will help you understand the current market. Let's get started!

April New Listings:

We start by looking at April of 2017, where we see there were 467 NEW LISTINGS that came on the market in April. In April of 2018, we find an increase of +12.6 percent with 526 NEW LISTINGS. The following year in April of 2019, we increased slightly by +3.8 percent with 546 NEW LISTINGS.  

 

April Homes for Sale:

We again, start by looking at April of 2017, where we see there were 911 HOMES FOR SALE. In April of 2018, we find a decrease of -4.1 percent with 874 HOMES FOR SALE. The following year in April of 2019, we increased slightly by +1.8 percent with 890 HOMES FOR SALE.  

 

April Pending Sales:

Let's view April of 2017, where we see there were 372 PENDING SALES. In April of 2018, we increased by +18.8 percent with 442 PENDING SALES. The following year in April of 2019, we increased again by +9.3 percent with 483 PENDING SALES.  

 

April Median Days on Market:

Let's view April of 2017, where we see there were 17 MEDIAN DAYS ON MARKET. In April of 2018, we decreased by -11.8 percent with 15 MEDIAN DAYS ON MARKET. The following year in April of 2019, we increased by +13.3 percent to 17 MEDIAN DAYS ON MARKET, which was the same as April 2017.  

 

April Months Supply of Homes for Sale:

In April of 2017, the MONTHS SUPPLY OF HOMES FOR SALE was 2.7. In April of 2018, we decreased by -7.4 percent to 2.5 MONTHS SUPPLY OF HOMES FOR SALE. The following year in April of 2019, we stayed the same at 2.5 MONTHS SUPPLY OF HOMES FOR SALE.  

 

So there is your comprehensive LOCAL look at the real estate market. They say that May is the best time to list a home and if you are thinking about it then please reach out to the Linda Hall Team. We'd love to assist you!!