Sales of homes priced below $100,000 fell 7.1% year over year, while sales of those priced over $1 million jumped 40%.
The median price of an existing home sold in April was $407,600, an increase of 5.7% year over year.
The median price in the Northeast was $458,500, up 8.5% year over year.
The median price in the West was $629,600, up 9.3% from April 2023.
Correction: The supply of homes priced at more than $1 million was up 34% year over year.
Persons:
Lawrence Yun, Yun
Organizations:
National Association of Realtors, Realtors
Locations:
Issaquah Highlands, Issaquah , Washington, US, Midwest, West