April 2011 Market Update

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As you may remember, March 2011 showed an increase in the number of homes sold, but most other indicators were down.  April reversed that trend.  The total number of single family houses sold was down to 127 (which is still a respectable volume these days), but the median price rose to $132,900 and the “dollars per square foot) rose to $93.  There were 1559 houses on the market, which represents a little more than a 12 month inventory at current volume.

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