April 2024 Market Stats Update for Madison County

📊🏡 It's that time of the month again! Let's circle back and look at April market statistics. We're excited to have Susan Hatfield from Benchmark Mortgage with us today to give insights on the market, interest rates, and loan types. 📈🏠

Here are some key stats for Madison County:

150 homes sold 🏡
Average sale price: $318,000 💰
98% List to sales price ratio 🔄
50 days on the market ⏳
141 new listings in April 🆕
As for rates, things should stay around the same. We’re nearing the 7% mark for a conventional loan. 📉💸

Thanks for tuning in, and we'll see you next