Large increases in sales and pending sales

April 2020 was the first full month of shutdowns due to the COVID virus so the comparisons are shewed.
Home sales jumped 38% as compared to last April. Pending sales rose 296%! The average sales price climbed 18% while the median sales price was up 15%. We saw a 81% increase in the number of new listings, but with all the sales, the active listings could not keep up and were down 60%. The months of inventory is at 0.8 months.
Sales: 110
Average Sales Price: $610,292
Median Sales Price: 511,430
Pending Sales: 137
New Listings: 161
Active Listings: 82
Months of Inventory: 0.8 months
Information Provided by The Texas Real Estate Center
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