Here are home sales and prices for Apex, Cary, Raleigh, Holly Springs, and all around the Triangle NC for the second quarter 2015:
The big news is that there are not enough homes available for current buyer activity. Showings are up 10%. Inventory decreased 14% since July of last year. What does this mean to you? If you are thinking of selling, this is the best time to sell in years!.
Pending sales are up 20% since same time last year.
Closed sales are up: 11% over last year, Up 22% for June!
Days on Market is an astounding 52 days. This means you can anticipate selling your home in less than 2 months! Most of my clients' homes sold in just days over asking price and with multiple offers.
Average home price in our area is $273,600 up 6%! This means that folks who were not able to sell before because their home value had declined are now able to sell as prices rebound.
I have lots of buyers who are ready to buy and mortgage rates are still at historic lows. Contact me today to learn you home's value and see if now is the time for me to list your home!
Elizabeth Scott, Realtor®, Broker
|BE SAVVY...CALL THE SMART REALTOR|
Diamond Award – High Sales Volume
e-PRO, Strategic Pricing Specialist
Fathom Realty NC, LLC
* Source: Triangle Multiple Listing Service