Aromas CA Real Estate Market Report April 2016

Curious of what is going on in the Aromas Real Estate during the month of April along with a year over year comparison? Here is the real estate market report for April 2016.

Aromas Real Estate Activity for April 2016 vs April 2015

In April 2016 there were 2 homes that closed during the month in Aromas. This is 5 less than April 2015.

The average sale price for homes that closed in April 2015 was $580,845
The average sale price for homes that closed in April 2016 was $373,450
The average Days on the market (DOM) for the homes that closed in April 2015 was 23 days.
The average Days on the market (DOM) for the homes that closed in April 2016 was 12 days.
The total amount of volume for the homes that closed in April 2015 was $4,065,914
The total amount of volume for the homes that closed in April 2016 was $746,900

Homes Under Contract in Aromas for April 2016

There were a total of 13 homes that were under contract or sale pending through May 3rd, 2016. The average market time for these 13 homes was 25 days. The average list price for these homes under contract was $644,645

Current Aromas Homes for Sale Inventory Levels

There are currently 12 Homes on the market. The average list price is $980,917. The average market time for these homes is 97 days. Homes in this community are selling in 30-34 days, if priced properly. The market absorption rate, as of May 3rd, 2016 was 1.55. This means that if no other home in Aromas were put on the market, it would take 1.55 months to deplete the remaining homes on the market. How can both buyers and sellers have an advantage in the real estate market? Employ the services of a local real estate agent who has vast knowledge and experience of the market.

The above statistics are only for single family homes and do not include condominiums or multi-family homes.

Find Aromas Homes for Sale

For a complete list of available real estate, homes and ranches in the area, visit Aromas Homes for Sale. Make sure to subscribe to our blog so you do not miss out on any Hollister homes. Contact us to find out what your home is worth and to discuss your housing needs.

Other April 2016 Real Estate Market Reports

About Seth Muenzer’s Real Estate Blog: The above article “Gilroy / Morgan Hill / San Martin Real Estate Report – May 2016” is hosted by the Seth Muenzer, the owner of www.sethmuenzer.com. a leader in the field of Real Estate sales, marketing, and social media marketing. If you’re thinking of selling or buying, I would love to share my knowledge and expertise.

Servicing the following San Benito County areas: Hollister, Ridgemark, Tres Pinos, San Juan Bautista,Aromas as well as Santa Clara County, Gilroy, San Martinand Morgan Hill.

Data Provided By MLSListings

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Aromas CA Real Estate Market Report April 2016

Seth Muenzer