Median prices for closed existing single-family home sales remained pretty much exactly in line with last year, continuing the trend we've seen pretty much all year.
April's market numbers show that the median sale price for single-family homes dipped 4% year-over-year—the largest such drop since 2011—while overall prices still remain significantly higher than pre-pandemic levels. NEXT REPORT: June 23
March closed sales of single-family homes slipped just 1.3% year-over-year, while pending contracts actually rose by over 0.5% amid 30-year mortgage rates averaging about 6.75%. NEXT REPORT: May 22