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Weekly Market Update April 5, 2020

Weekly Market Update April 5, 2020

Weekly Market Update

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The Week of March 30-Price decreases jumped dramatically. Pendings continue downward. March closed sales were -25% year over year. We are expecting this to continue downward through the next sixty days, then hopefully turn back upward.

3/29/20: 562 active, 317 pending

  • Pendings: DOM Median-56, Average-88
  • Price Decrease (21)
  • Price Increase (0)
  • New Listing (46)
  • Back On Market (16)
  • Pending (13)
  • Sold (33)
  • Withdrawn (16)
  • Expired (18)

The Week of March 23

3/29/20: 530 active, 348 pending

  • Pendings: DOM Median-56, Average-90
  • Price Decrease (9)
  • Price Increase (0)
  • New Listing (48)
  • Back On Market (15)
  • Pending (17)
  • Sold (21)
  • Withdrawn (14)
  • Expired (5)

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