April Market Update

Has the coronavirus affected home prices?!

Watch the video to find out what happened in April!

Average sales price has stayed CONSISTENT at $310,000 ?

Single-family home sales in the month of April were down 21.6% compared to last year’s sales.

Prior to April, home sales had been outpacing 2019’s record volume as buyers took advantage of historically low interest rates. Despite the slowdown in April, year-to-date sales are still running 1.4 percent ahead of last year’s level!

Current months of inventory is at a low of 3.6 months. ??

It’s still been a STRONG year and there are great reasons to list now to take advantage of the low inventory or to buy to take advantage of the interest rates! ??

Contact us today for a strategy session about your real estate goals!info@bridgegrouptx.com | 281-785-1456