May 14, 2021:

April Market Update 2021/ 2020

Faris Team CEO and Broker, Mark Faris, says that because the market paused this time last year when the first lockdown hit, April 2021 stats are comparatively well above last year.

This April saw a surge of new inventory, but just as fast as For Sale signs went up, properties sold, so active inventory was down 55-65% across the region.

Watch below to see exactly how the market performed in April.

3 Market Trends in April 2021:

1. More inventory

  • Many more listings hit the market, finally giving options to buyers

2. Sale prices jumped

  • 45-60% on average, and a whopping 80% in Midland and area

3. Spring Market marches on

  • An active spring market means sellers continue to get well over asking price

Thinking of selling? Our professional, loving, local Realtors® will go full out for you®.

Call us today at 1.888.918.6570, send us an email or book an appointment.

There’s absolutely NO OBLIGATION. Consultations with our team of experts are FREE.

While the information contained in this site has been presented with all due care, Faris Team assumes no responsibility or liability for any errors or omissions.

Related Posts

  • February 13, 2024:

    Monthly Market Update: January 2024

  • January 12, 2024:

    2023 Real Estate Market Review & 2024 Preview

  • December 8, 2023:

    Monthly Market Update: November 2023/2022

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