| 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 |
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- The latest from the RE/MAX National Housing Report April 2024
The latest from the RE/MAX National Housing Report April 2024
Written by Andrea Murray on . Posted in Market Updates, Selling, What's going on in The Market?-Real Estate Market News and Updates
Tags: RE/MAX Empire Properties, The Murray Team
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