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Property Sales
April property sales were 48, down from 51 in April of 2018 and 65.5% higher than the 29 sales last month. April 2019 sales were at their lowest level compared to April of 2018 and 2017. April YTD sales of 137 are running -9.9% behind last year's year-to-date sales of 152.

The median sales price in April was $1,035,000, up 20.3% from $860,000 in April of 2018 and up 16.3% from $890,000 last month. The average sales price in April was $1,159,469, up 24.7% from $929,716 in April of 2018 and up 14.5% from $1,012,831 last month. April 2019 ASP was at highest level compared to April of 2018 and 2017.

AdobeStock 117907355So you’re zeroing in on your very first real estate investment purchase: a home with potential that you're planning on flipping. Congrats! But now it's time to get to work.

Just be aware: Even if you spend weeks, or months, getting your investment property ready to sell, these efforts don't necessarily guarantee profits. To give yourself a greater chance of making money off of your flip, you'll want to avoid the following mistakes.

1. Hanging on for too long

Read more: 4 Money Missteps to Avoid With Your First Home Flip

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