Well the real estate facts and trends are in for the month of April. Although we haven’t seen a huge improvement in the market, things are not getting worse! The number of listings has remained the same, and we have seen roughly the same number of sales in March and April. One positive note is the number of homes that went under contract in April is double from the previous month. Hopefully we will continue to see a rise in pending sales.
Single Family Home Chart Click chart for larger image
In the condo market, we have seen 2 consecutive months of decreasing inventory. This is an encouraging sign as the experts state that 3 consecutive months of decreasing inventory indicates a market in recovery.
Condo Chart Click on chart for larger image