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The latest from the RE/MAX National Housing Report April 2024

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The stage has certainly been set for the busy summer selling season. April saw closings increase 11.2% from March, and sales have continued to increase since February. Simultaneously new listings have increased 6.3%, which in turn boosted the number of homes for sale by the same amount.

Three more noteworthy highlights from April’s National Housing Report:
1) Houses spent 34 days on the market on average – a five day drop from March.
2) April’s median sales price of $437,000 was 2.9% higher than March.​
3) The higher price was fueled by buyers paying 100% of the listing price on average.
With the average price the highest it’s been in over two years, the busy homebuying season is off to a great start.

You can read the full report by clicking here.

If you’d like more insight into the information in April’s report – and what it might mean for you – please give us a call! 951-383-7557



Chris and Andrea Murray
Broker | Owners
24663 Monroe Ave B101 Murrieta CA 92562
DRE#01474696 & 01339816

Written by Andrea Murray on . Posted in Market Updates, Selling, What's going on in The Market?-Real Estate Market News and Updates
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