Real Estate Sales in the Triangle up 4.6 Percent


Sales in the Triangle region were up 4.6 percent to 1,900. New listings increased 1.3 percent to 3,774. Pending Sales were up 20.4 percent to 2,272. Inventory levels shrank 27.3 percent to 14,111 units.

Prices enjoyed a boost. The Median Sales Price increased 3.9 percent to $190,000. Days on Market was down 2.1 percent to 125 days. The supply-demand balance stabilized as Months Supply of Inventory was down 29.0 percent to 8.3 months.

Source: triangle MLS

Advertisements

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 Raleigh Area Real Estate, Raleigh NC homes for Sale and tagged , , , , , . Bookmark the permalink.