TRIANGLE NC HOME SALES CONTINUE TO RISE!
It appears as though the somewhat higher mortgage rates have not had any effect on the sales of homes in the Triangle, NC -– yet. Perhaps the thought that mortgage rates may rise even higher is spurring this demand. What do you think?
I continue to see more competitive offers for homes that are priced right
August 2013 Quick Home Sales and Price Facts
Average Sales Price UP 4.2 percent
Number of Days on Market (time it took
to sell) is DOWN to 93 days
Number of closed sales UP 19.4 percent
- Available Inventory of Homes DOWN 8.7
percent
- Number of homes that went under contract INCREASED to 2,829
- Yet, inventory levels shrank to 13,727
Months supply of inventory is down to
less than 6 months
The Federal Reserve, global economic
conditions, gas prices and stock market shifts all have an effect on consumer
feelings which, in turn, affect our housing market. We have seen some positive grown in the labor
market and, while it is still a bit lukewarm the Fall Home Market Selling
Season is very optimistic.
Would you like to know what the home sales and prices are in your neighborhood? Get in touch and let me know -- you may be happily surprised!
Source: Triangle MLS
Source: Triangle MLS
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| BE SAVVY...CALL THE SMART REALTOR |
e-PRO, Strategic Pricing Specialist
Fathom Realty NC,
LLC
Phone: 919.306.9699
Email
Phone: 919.306.9699
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