Existing Home Sales Market Report for April 2018
Source: National Association of Realtors (NAR)
Market April 2018 brought 5.46 million in sales, a median sales price of $257,900, and 4.0 months of inventory.
Total existing-home sales decreased 2.5% to a seasonally adjusted annual rate of 5.46M in April from 5.60M in March. With last month’s decline, sales are now 1.4% below a year ago and have fallen year-over-year for 2 straight months.