Weekly Market Update April 5, 2020

Market Trends

Weekly Market Update                              Start Your Home Search

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 turning 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Withdrawn (16)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Withdrawn (14)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)