Real Estate Market Report for APRIL 2019

It Is SPRING NOW

APRIL 2019 (Single)

April 2019 median sales price was $317,500 – 32 homes SOLD at 98.6% of Sale to List Price and average 27 days on the market. That’s a significant departure from March 2019 and most other months we have been reporting.

MARCH 2019

March 2019 median sales price was $347,500 – 41 homes SOLD at 99% of Sale to List Price and average 42 days on the market. That’s a Slight Increase from February 2019.

APRIL 2018

Median sales price of $335,000, with 45 homes SOLD at 98 Sale to List Price Ratio and average 34 days on the market.

The Last few months of 2018 and the 1st few months of 2019 had a slight decrease in prices amid weather concerns and interest rates increase expectation which had an effect in home buyers motivation, however the FED announced no more increases which might have a positive effect in the industry going forward this year.

Roberto A. Sanchez

973-216-1945

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