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Homes sales in the city of Austin decreased by 33.1% in April when compared to last year, showing the impact of the coronavirus pandemic and the local stay-home orders that took effect in late March, according to the Austin Board of Realtors.

While the number of sales were down, median prices increased 12.3%—to $421,000—compared to April 2019.

"It could have been much worse," ABoR President Romeo Manzanilla said in a press release, adding that home listings and showings are already on the rise. "We're hopeful this growth will continue in the coming weeks and months."

In the Austin metro area, the change was significant but less extreme, with home sales down 21.6% over April 2019 and median sales price up slightly—3.2%—to $325,000.

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