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Regional Home Sales Report April Of 2024

By
Industry Observer CDRE #01044712

On May 22, 2024, National Association of Realtors® (NAR) reported that regional existing home sales decreased in the Northeast declined 4.0% to an annual rate 480,000 homes in April of 2024 from of March 2024, and lower 4.0% from April of 2023. The median price in the Northeast was $458,500 in April 2024, gained 8.5% from April of 2023.

Home sales in the Midwest down 1.0% to an annual rate 1.0 million homes in April of 2024 from of March 2024, and slipped 1.0% from April of 2023. The median price in the Midwest was $303,600 in April of 2024, higher 6.0% from April of 2023.

Home sales in the South lost 1.6% to an annual rate 1.9 million homes in April of 2024 from March of 2024, and dropped 3.1% from April of 2023. The median price in the South was $366,200 in April of 2024, increased 3.7% from April of 2023.

Home sales in the West decreased 2.6% to an annual rate 760,000 homes in April of 2024 from March of 2024, but up 1.3% from April of 2023. The median price in the West was $629,600 in April of 2024, rose 9.3% from April of 2023.

For more complete information, on NAR's April 2024 regional existing home sales report, please click HERE

Posted by

John Pusa

Better way to buy and sell real estate

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Michael Elliott
Fathom Realty - Burlington Township, NJ
Burlington, New Jersey Residential Sales

Thanks for the report, this does not surprise me.  Have a good weekend!

May 25, 2024 06:16 AM
John Pusa

Hello Michael Elliott you are welcome, and have a good weekend too. Thank you for the comment.

May 25, 2024 05:58 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

 John Pusa  hope you are having a relaxing Memorial Day weekend, I am so impressed how you keep these reports going Endre

May 25, 2024 09:28 PM
John Pusa

Hello Endre Barath, Jr. glad to know you are impressed with my reports. Hope you are having a relaxing Memorial Day weekend too. Thank you for the comment.

May 26, 2024 02:42 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

It's always interesting to see what is going on regionally, it differs greatly from a national look and a local look, haha. 

May 26, 2024 05:32 AM
John Pusa

Hello Brian England you are right, regional differs from national and local look, haha. Thank you for the comment.

May 26, 2024 02:43 PM