Raleigh Area 2012 2nd Quarter Housing Stats.

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.


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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