Monday, October 29, 2018

SEPTEMBER 2018 REAL ESTATE MARKET FACTS


We had A most interesting September in Residential Real Estate this year (2018)!


I'm not going to keep you in suspense any longer - here is all the information:





Source:  Triangle Multiple Listing Service

Number of homes for sale:  DOWN 15.9%!
Number of sold homes:       DOWN 11.6%
Median Sales Price:             UP  6.5%

The average sales price for homes in the Triangle NC was $294,000 UP 4.1%.  Days on market to sale was 29, DOWN 9.4%.

BUYERS:  The percent of list price paid was 99.2%, up 0.2%.  This means you should expect to pay asking price or more, depending upon the advice of your Realtor.

SELLERS:  Where are you?  I've got buyers waiting to move here!  Give me a call right now & I will give you all the facts you need to make the Smart Decision.