Note: I focus on median rather than average prices as they better reflect typical market conditions by eliminating the skewing effect of extremely high or low sales.

April

Key Stats:

Sales volume increased 25%

Median sale price: Down 1.23%

Months of Inventory: Dropped from 4.53 to 3.41, bringing us back into balanced market territory

MOI (Months of Inventory) represents how long it would take to sell all active listings at the current sales pace—in our market, under 2 months indicates a seller's market, 2-4 months a balanced market, and over 4 months a buyer's market.

Market Sentiment – What I’m Noticing
A lot of action so far one week into May. It seems like many people were waiting to see what would happen in the election.

In the last two weeks I’ve received a lot of calls from both buyers and sellers. I think the next few months will be busy.

Military house hunting trips are under way.

Seeing a lot of price reductions as more competing listings comes to the market.

Pocket Listings- 2 Rental Properties
I have 2 Rental Properties available off market exclusively through me.

Triplex on Division St - $825,000

Located in an excellent area for student rentals, this property is in fantastic condition—everything has been updated.
💰 Generates approx. $65,000/year
✅ Easy to rent, easy to manage
📊 Full financials available upon request

2 Unit - West End Semi with Basement Apartment! – for $560,000.

This is a great opportunity to get into the market with a “house hacking” strategy—live in one unit and rent out the other.

🏡 Qualifies as a principal residence with as little as 5% down
💼 As a rental, it's appealing due to its lower price point and dual-income potential
💸 Similar properties are renting for $3,600–$3,800/month (inclusive)

If you—or anyone you know—wants more info on these properties, just reply to this email.