Henderson County Market Report, April 2014
Homes Sold
April closed out with a bang, with 159 homes selling. This was up from last months 108, and last years 135. It was one of the highest numbers we have seen in a long time.
Days on Market
The average number of days a home was on the market was 205 for April, a large rise from March's 168 and last years 170. With the inventory so low for Henderson County, home buyers had to resort to homes that had been on the market for a while. Home owners who are considering a sale may want to take a look at selling now while there is a small amount of homes to chose from. Homes that are in good shape and priced right are selling quickly.
Median Sales Price
The median sales price for April was $202,000. This was up from last month's $171, 650, and from last years $175,000.
List to Sell Ratio
The List to sell Ratio for April was 94%. This was down from last months 96% and last years 93%.
Supply
Currently we have a 13.5 month inventory of homes on the market. This means that if no other homes were to come on the market, it would take 13.5 months to sell at the rate we saw in April, based on 166 sales per month. Of course, every day we see the numbers change.
If you are interested in a discussion on how these numbers will affect your next real estate transaction. just give Rich a call.
Henderson County Market Report, April 2014
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