Every month we receive a Market Update. This is a newsletter that shows the statistics and trends in the real estate market. Here is a brief summary of April’s market update:
Sales increased 12.9% from March to April of 2012. The average sales price jumped 4.4% in that time frame. The average days on market reduced from 99 to 89 days.
445 sales were reported this April 2012, which is a 33.2% increase from April of 2011, where only 334 sales were reported. The sales price of these homes has jumped 9.2% The days on market reduced from 96 to 89 days in comparison to April of 2011.
I will share the May market update when it is released next month. I’m sure the information will be helpful to those with current properties on the market, potential sellers, and current or future buyers.
If you have real estate needs, please contact me at firstname.lastname@example.org or 610-823-1309. You can also visit my website to learn more about me and see the services that I offer.