Wow... time really got away from me, didn't it? I completely forgot about the beginning of the month statistics for April. Well, better late than never. Here they are!
Median price has fallen again over last month to $235,000 from $254,000 - a drop of 7.48% However, sales increased by 42.64% over last month. 1429 homes closed sales in April as compared to 1006 in March of this year.
That brings inventory down even further to 5.8 months from March's 8.5 months.
1882 homes went into escrow in April.
Follow the market: March's numbers; February's numbers; January's numbers.
Friday, May 16, 2008
Market Statistics for Single Family Residences - April
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