Our most active price range for April was the $250,000-$300,000 range. There were 43 sales for the month. The $200,000-$250,000 and the $300,000-$350,000 range were the next two most active price ranges with 30-31 sales each for the month of April.
Our higher end $600,000 plus had an increase in sales from 1 sale in January, February and March to 3 sales in April alone.
The average days on market for single family was 37 days.
We saw a 44% increase from March to April in sales.
What does all this mean? We are getting into our more active spring market. As I predicted, we saw the higher end sales increase this month which was a direct result from our boom in our starter homes a few months ago, that is slowly climbing the ladder into our higher end sales.
Interest rates are still extremely low, the government incentive plans are also a great incentive to buy.
If you have any questions, please feel free to contact me.