Wednesday, May 12, 2010

April 2010 vs. April 2009 Residential Stats

While individual areas vary, April 2010 combined MLS Residential Statistics had a number of positive indicators compared to April of 2009.

  • Increase in the Number of Closed Sales to 3,308 (up 22.2% for the month)
  • Average Days on Market reduced 22.5% to 79 days
  • Number of Active Listings increased 1.3% to 15,843
  • Absorption Rate dropped to 4.5 months (down 21.3%)
  • Average Sold Price remains strong (up 7.8% from $254,442 to $274,253) compared to April 2009.
April 2010 stats are affected by the tax credit, however April 2009 was also during the tax credit.