Made Personal Realty

April 2024 Market Update: Despite inventory growth, there continues to be unmet demand, which resulted in tying the all time high of $300,000 for median sales price. The median days on market was just 8 days, up from 6 last year, and down from 10 the previous month. Active inventory increased for the third straight month, reflecting a 1.1-month supply.

Astonishingly, greater than 90% of the country's metro areas experienced home price growth despite facing the highest mortgage rates in two decades. In the current market, rising prices are the direct result of insufficient housing supply not meeting the full demand.

Link to the full market report included in the comments!