Hello friends.
We’re back with NWMLS’ April Market Snapshot. Some highlights of last month include:
- New median home price $415,000, up 15% from last year (and $15k from last month)
- Total dollar value of closed sales increased 21% from April 2017
- Our market has 1.3 months of inventory, so it’s still very much a Seller’s market
- Active listings were 6% lower than last year
- $4.05 Billion in closed sales, a 21% increase from April 2017