Welcome to your monthly "Market Update". Let's take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 94% from one year earlier and up 5% from the previous month This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month... was just under 130-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up more than 150% This higher numbers of days may signal a slowdown in the local inventory-turnover rate. Meanwhile, The median sale price was just over 160-thousand dollars. Overall, The number of units sold Decreased 50% year-over-year and Decreased 50% month-over-month Fewer sales may be indicating more opportunity for buyers to negotiate better sales terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.