Thursday, May 26, 2016

April 2016 Market Statistics


SALES:  In April there were 1038 homes and condos sold. That’s an increase from the 977 homes and condos sold in March and also a 10% increase of detached home sales from the same time last year.

PRICE POINTS:  Maintaining our market consistency, most of last month’s sales were in the more affordable range of $250,000 and below accounting for 74% of the total sales. 23% of sales were in the $250,000-500,000 range and just 3% of sales were in the upper end market… that’s $500,000 and up.

PROPERTY VALUES:  Values are slightly increasing.  In fact the average sales price in April was just over $217,000. That’s an increase from the average of $210,000 in 2015… a positive highlight to pull from last month’s market report as it gives sellers an idea on how prices are faring in today’s market.

FEATURED PROPERTY:  We have a fabulous 2700 square foot, 4 bedroom, 3 bath home in Ventana Ranch at just $235,000.  Call my team today if you would like to schedule a viewing!

IF YOU'RE LOOKING TO BUY OR SELL, CALL US TODAY!!
505-238-1000

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