It's been a terrific month considering the world economic climate. April had 359 sales down less than 20% for the same period last year when the markets were humming along. There were 10 sales over a million dollars almost doubled March's number of 6 transactions. The highest sale was $3,450,000. In addition, there were 97 sales between $500,000 & a million dollars, and that represents a 70% sales volume increase over March.
April had 57 rental sales, 18 of which were condo apts.
The average time on the market for non-rental sales was 45 days.
Five year money can now be had in the 3.60% range and if you choose the variable rate it approximates 3.15%. A great time to buy as an investment or, for your own enjoyment.
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