Home sales dip slightly in April compared to last year

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Perhaps if Mother Nature were to co-operate, local real estate sales would climb. With a cool April came slightly lower residential sales numbers for the Chatham-Kent Real Estate Association compared to last year.

Home sales numbered 125 homes last month, down four sales – or 3% – from April 2013.

“While still down slightly compared to a year ago, home sales in the region have now improved for three straight months after having hit a low last December,” Ron Smith, president of the Chatham-Kent Association of Realtors, said in a release. “In fact, activity in April was back running ahead of the five-year average for the month and a little ahead of the longer 10-year average as well.”

The average price of homes sold in last month was $155,056, down a slight 0.6% from April 2013.

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