The soft market continued into April with a 26% decrease in closed transactions over April 2015. All categories showed significant slowdowns and current inventory is higher than last years. The decreased demand has forced sellers to adjust their list prices and become more competitive in their negotiations. With prices adjusting, we seem to be experiencing a rebound with Bartos Group pendings going up 250% from March to April. This momentum has continued into May. So, buyers should not be concerned about April sales. We all know what April showers bring.
Monthly Statistics Report