COLUMBIA, Mo. –– Missouri REALTORS® is pleased to share a monthly statistics report highlighting the Missouri real estate market for the month of April.
In April, 6,139 homes sold in Missouri. The total sales volume topped $1.28 billion, and homes sold at a faster pace in February, staying on the market for an average of 53 days. That is 7 days less when compared to April 2019. The median sales price for the month was $179,900. That is a 7.2 percent increase compared to April 2019.
Additionally, interest rates in April remained steady and continue to remain historically low. According to Freddie Mac, the national average commitment rate for a 30-year, conventional, fixed-rate mortgage was 3.31 percent in April; down from 3.45 percent in March 2020. By comparison, the interest rate in April of last year was 4.14 percent.
Visit Market Statistics to view a full report of the data presented, including additional resources and information.