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April Home Sales and Inventory Up Over March Totals
DENVER, May 19, 2025 /PRNewswire/ -- April home sales grew 11.3% over March but were 1.4% lower year over year. The month-over-month home sales growth continued a steady trend since January for the 51 metro areas surveyed.
New listings rose 6.2% over March and 7.5% year over year. Inventory similarly increased 7.0% over March while growing year over year for the 16th consecutive month (35.7%).
April's Median Sales Price increased to $440,000 which was $5,000 (1.2%) higher than March and $10,000 (2.3%) more than a year ago.