A greater selection of homes coupled with continued buyer demand has pushed April sales to the highest level since 2007.
Month-to-date, single family home sale are up 7.35% y/y while condo-apartment and condo-townhome sales are up 21.82% and 15.27% respectively.
SFH average prices are down $23,000 from March month-end, but as you can see this can be partly attributed to a decline in luxury sales.
Nine fewer homes have sold for a million or more compared to the same period last month. Year-over-year, high-end sales are down by 2.
All market segments are showing a month-over-month decrease in prices except for the Townhome median price.
Year-over-year, prices are up across the board so far in April.
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