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.


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
This entry was posted in Cary NC homes for Sale, Raleigh Area Real Estate, Raleigh NC homes for Sale, Raleigh Real Estate Agent, Relocate tp Raleigh NC, Wake Forest, Wake Forest NC homes for Sale, Wake Forest Real Estate Agent and tagged , , , , . Bookmark the permalink.