New listings for Massachusetts homes surged in April, according to the Massachusetts Association of REALTORS®.

New listings for single-family homes and condos grew annually by 8.8% and 14.3%, respectively.

Meanwhile, prices saw a modest increase of 5.3% for single-family homes and 2.1% for condos.

Closed sales dipped in both markets by 12.2% for single-family homes and 1.7% for condos. Despite this, experts remain optimistic that pent-up demand will lead to a stronger market in May.

“After continued inventory challenges throughout Massachusetts, we are finally starting to see an influx of new listings,” MAR president Kristen Keegan said in a press release. “The market is beginning to stabilize as more sellers are preparing to list their homes, and I expect this momentum to continue throughout the rest of the spring. While affordability remains a challenge for buyers, due to increased rates and rising prices, I expect to see an even stronger May with the increase in pending sales and pent-up demand from the winter.”