The Iowa Association of REALTORS April housing survey shows that inventory increased and sales were boosted.
Inventory saw another increase in both new listings and overall available homes in April. New listings accounted for 4,068 homes, a 13-point-1 percent increase from one year ago, and an 8-point-7 percent increase from the 3,740 homes added to the market in March.
Sales last month increased 12-point-1 percent year-over-year, with 2,749 homes sold compared to the 2,453 sold in April of last year.
Days on the market also saw an increase of 6-point-5 percent from 46 days in April 2023 to 49 last month.
The median sales price jumped 7 percent in April to 230-thousand dollars.
