April 2020 Housing Market Statistics

Blog Post Image
Market Trends

The latest housing stats are out!

April 2020's single family home market stats show an increase in median sold price from $209,000 in March 2020 to $210,000 in April, which is an 11.2% increase.

Days on market dropped slightly from 39 in March to 38 in April.

As expected due to COVID-19, new listings dropped to 2,779, a 24% decrease from the 3,635 listings we saw in March.

Perhaps due to scarcity, the percentage of ask received by sellers rose to 98.3%, a slight increase from last month's 97.9%.

Looks like the market is still strong, particularly if you are a seller. And don't worry if you are a buyer; due to current low interest rates, your buying power may increase.

If you are thinking about making a move, now would be the time.


Want to continue the conversation? Let's talk further!

Miriam Odegard, Broker/Sales Director, Herg Group Indianapolis

Keller Williams Realty 

8555 North River Road, Suite 200

Indianapolis, IN 46240

text/mobile:  (317) 220-5397