Raleigh Area 2012 Q1 Housing Stats


Looking at the first quarter of 2012 in the Raleigh area

Market Indicators:
Showings up 11%
Pending sales up 22%
Closings Up 20%
Average Sales price down 2%
Average days on Market 132 days
Over the past 6 to 12 months the Supply of homes for sale is slowly decreasing with increased closings.

For the past few years, it was a BUYERS market. Now in some of our local areas we are seeing a SELLERS market with prices increasing and multiple bids on properties and selling with in a week of being placed on the market.

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About Raleigh Homes Info

Greetings, My name is Tom Bohlmann. I am Allen Tate Realtor / Broker in the Raleigh, Durham, Wake Forest, Cary North Carolina areas. Your Home Search starts here: http://www.allentate.com/tombohlmann I have been involved in the Raleigh area real estate investing since 1995. I know all the ins and outs of many many different area markets that the average or even above average Realtor does not know. Give me a call or email so we can talk about your Real Estate Needs. Tom 919-543-5714
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