Market Summary 📊
In April 2026, buyer activity showed modest growth, with closed sales rising 2.1% year-over-year and month-over-month, indicating steady but not accelerated demand compared to prior periods.
Home prices reflected a split trend: the median sales price declined 14.6% year-over-year and edged down 0.3% month-over-month, while the average sales price decreased 2.1% annually but increased 5.1% month-over-month, suggesting continued strength in higher-end transactions despite broader price softening.
Housing supply continued to expand overall, with active listings increasing 7.5% year-over-year and 2.9% month-over-month. Months' supply rose to 6.0, while new listings declined 6.9% annually and 17.5% from March, pointing to a slight slowdown in fresh inventory entering the market even as overall availability remains elevated.
Share the Market Brief 📲
We encourage members to share the Pickens Market Brief monthly via social media, newsletters, or correspondence with buyers and sellers. This valuable information helps you brand yourself as an expert while providing clients with essential market insights. Download the PNG version today!
We encourage members to share the Pickens Market Brief monthly via social media, newsletters, or correspondence with buyers and sellers. This valuable information helps you brand yourself as an expert while providing clients with essential market insights. Download the PNG version today!
Quick Snapshot of April Key Metrics 🔍
| Metric | Value | Y/Y % Change | M/M % Change |
|---|---|---|---|
| Units Sold | 48 | +2.1% | +2.1% |
| Median Sales Price | $399,000 | -14.6% | -0.3% |
| Average Sales Price | $501,500 | -2.1% | +5.1% |
| Active Listings | 285 | +7.5% | +2.9% |
| Month's Supply | 6.0 | +5.5% | +2.7% |
| New Listings | 94 | -6.9% | -17.5% |
