The Multiple Listing Service sales report showed pending sales at 1,439 as of May 15, up 2.3 percent from mid-April. Active listings stood at 4,114, up 1.4 percent from a month earlier.
Other numbers of note:
- Average sales price for April was $199,851, down 2.3 percent from a year ago.
- Median sales price for April was $174,000, up 5.5 percent from a year ago.
- The average market time in April was 59 days, same as a month earlier.
- At the upper end of the market, there were 58 sales of $500,000 or more, up 23.4 percent from a month earlier.
Prepared for maar.org by Don Wade, 901.485.1653.