The news is good for the monthly Market Action Report from RMLS. Comparing April 2010 with April 2009, closed sales increased 49.1%. Pending sales also jumped 60.8%, and new listings rose 23.8%. Prices are still going down, so far the average sale price for April 2010 decreased 3.1% compared to April 2009, while the median sale price went down 4%. This is much less than the national average. Prices should go down even farther this summer, since the April numbers reflect the tax credits for first time and moving buyers. I expect sales to go up in May, but down in June and July.
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