April 2016 Market Report is Now Available

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April 2016 Market Report Cover

At the end of April 2016, there were 6,109 homes on the market (down 0.4% from April 2015). 6,587 homes were under contract at the end of April 2016 (down 7.2% from April 2015). There were 4,472 homes sold in April 2016 (down 11.8% from April 2015). It took on average 25 days for a home to go under contract in April 2016 (no change from April 2015). The average sold price in April 2016 was $393,615 (up 8.9% from April 2015). Finally, the average percent of sold price to list price in April 2016 was 100.8% (down 0.1% from April 2015).

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Residential Highlights:

April 2016 Kentwood Real Estate Snapshot
Source: RECOLORADO.COM