Today is the last business day of April – how are sales shaping up?
We should have another 10% added to this month’s sales count by the time we are done, but it will be well under last year’s count, which should get the talking heads excited. There was one less business day this month verses April 2016, and last April was a stellar month for sales.
This month’s increase in pricing was strong, and the median days-on-market was hotter than ever. But if you are like me, you are seeing most of the new listings today being priced with extra mustard, and I think we’re going to see sales struggle from here on out.