Tequesta Single family Home Sales Up 30% in April
In our March report Tequesta was the only one of our reporting areas that showed a decrease in sales and it is nice to report a very healthy 30% jump in April. During the month our local MLS system shows a total of 13 successful closings as of this mornings’ update. That compares with 10 sales in March, tied for the second highest sales levels of the year and a solid continuation of a market improving even though prices are still being held down by the foreclosure sales.
While the number of sales were very strong last month they also were well balanced with only the under $150,000 drawing a blank and that is mainly because there just isn’t any decent inventory out there any more in this category .The chart below shows the percentage of sales by price category for the month of April.
With sales falling evenly across most price categories the median sales price showed a big gain and put in the 4th highest total of the preceding year. In fact, it was up to $405,000 in April up $149,000 from the previous month and a great move in the right direction. The chart below shows median prices on a monthly basis over the previous 12 month period.
I watch these market trends very closely as the data is very important to our clients, whether they are buying or selling, to paint a picture of where the market may be heading. If you would like any additional information on a specific home, neighborhood, or community please feel free to contact me. I am easily reached at 561 308-0175 or via e-mail at email@example.com and would be happy to be of assistance with any of your real estate questions. After just one call you will know why “Results Driven Real Estate” is your top choice for professional real estate services in Tequesta and the surrounding areas.
Always at Your Service,
Tom Priester e-PRO
”Results Driven Real Estate”
Keller Williams Realty