While the number of home sales in April increased from March, sales overall compared to last april are down by about 23.13% The median Sales price also decreased by 11.34 percent. The current median sales price for the state is $178,200 down from last April’s median sales price of $201,000.
Nationally, real estate sales have declined 16.1 percent in the past 12 months. Prices have also droped by 8.5%.
Reginally in the North East, sales have droped by 14.7% over the past year.
While a home seller may get less for their home then they might have last year, they are still able to get a good deal on the home they purchase plus interest rates remain low making it a great time to buy.
