Real Estate Sales in the Triangle up 18.7 Percent
Sales in the Triangle region were up 18.7 percent to 2,607. New Listings in the Triangle region increased 0.3 percent to 3,380. Pending Sales were up 26.7percent to 2,497. Inventory levels shrank 27.4 percent to 13,691 units.
Prices moved higher. The Median Sales Price increased 3.0 percent to $198,718. Days on Market was down 2.5 percent to 115 days. The supply-demand balance stabilized as Months Supply of Inventory was down 36.3 percent to 7.7 months.
Inventory has dropped, fewer houses for sale.
More homes SOLD.
Prices starting to inch upwards.