April Residential Highlights
Sales activity continued to increase
when comparing April 2010 with the
same month in 2009. Closed sales
grew 54.1%, while pending sales
increased 10.8%. New listings also
rose 35%.
When comparing April 2010 with
March 2010, closed sales grew 35.7%
(57 v. 42), pending sales increased 4.4%
(72 v. 69) and new listings increased
6.3% (185 v. 174).
At the month’s rate of sales, the 780
active residential listings would last
approximately 13.7 months.
Sale Prices
Results show that sale prices in
Mid-Columbia increased in April.
The average sale price for April 2010
increased 19.6% compared to March
2009, and the median sale also went
up 5%. See residential highlights
table below.
Month-to-month, comparing
April 2010 with the month prior,
March 2010, average sale price
increased 8.7% ($231,600 v.
$213,000). The median sale price
also increased by 7.5% ($190,000 v.
$176,800).