Market Conditions for 49755 April 2018
Median Sale: $172,500
 (%)
Homes for Sale: 11
 (0.00%)
Homes Sold: 2
 (%)
Median Sale Price
$172,500

 UP %
vs. Month Ago
Homes for Sale
11

  0.00%
vs. Month Ago
Homes Sold
2

 UP %
vs. Month Ago
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Median Sale Price

The median sale price for homes in April was $172,500. The median sales price for homes in April rose by $172,500 compared to last month. This represents a % increase from March. Compared to the same month last year, the median price of homes rose by $172,500 representing a % year-over-year change.

The median sales price is the middle value of all sales occurring in the market during the past thirty days when you arrange these sales prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of a few unusually low or high sales prices.

Median Sale Price
$172,500
 
Homes for Sale
11
Homes for Sale

The inventory of homes for sale remained level in April to 11. Compared to the same month last year when there were 14 homes for sale, the inventory of homes for sale has fallen by 3 representing a -21.42% year-over-year change.

Homes for sale represents the number of active listings on the market during the specified month as reported in the MLS system operating within the market area.

 
Homes Sold

The 2 homes sold in April was 2 more than in March. This represents a % increase in sales from March. Compared to the same month last year, the number of homes sold increased by 2, a % year-over-year increase.

Homes sold is the total count of properties in the market area that have had a closed sale during the specified month as reported in the MLS systems operating within the market area.

Homes Sold
2
 
New Homes

The number of homes listed in April (4) rose by 2 compared to March, a 100% change. Compared to April 2017, the number of new listings increased by 3, a 300% year-over-year change.

Newly Listed Homes are the total count of homes that have been listed within the market area during the most recent month, as reported in the MLS system(s) operating in the market area.

New Homes
4
 
Median List Price
$214,950
Median List Price

The median list price in April was $214,950. The median list price for homes in April rose by $96,450 compared to last month. This represents a 81.39% increase from March. Compared to the same month last year, the median list price of homes decreased ($449,950) representing a -67.67% year-over-year decrease.

The median list price is the middle value of all currently active listings as reported in the MLS systems in the market area when you arrange these list prices from lowest to highest. This is a better indicator than the average as the median does not change as much as a result of the existence of a few unusually low or high list prices.

IMPORTANT! PLEASE READ CAREFULLY
THE ACCURACY OF ALL INFORMATION, REGARDLESS OF SOURCE, IS NOT GUARANTEED OR WARRANTED. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED. Sold listing data is not available from all Multiple Listing Services.

Provided by Real Estate One, Johnstone & Johnstone, and Max Broock Realtors. Copyright 2018