The National Housing Trend Report for April 2014 shows on a national scale. It shows the number of single-family homes that is for sale and prices continue to increase, showing an improved real estate marketplace than a year ago and strong seller confidence.
Data for realtor.com shows April 2014 home inventories are up a tough 14.2 percent compared with April 2013. Median list price rose by 6.5 percent to $207,500 compared to last year. Median age of inventory is 86 days which is a 6.2 percent increase compared to a year ago. The combination of median list price rising above $200,000 and a double-digit home inventory increase is an indication that the marketplace is becoming more balanced.
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