Scroll down to see market updates for Durham, Orange and Wake County.
New listings have decreased from 454 to 362, by 20.3%. Closed sales have decreased by 30%, from 337 to 236. Average sales price increased by .7% and median sales price increased by 1.4%. Days on market increased from 36 to 37 days.
New listings decreased by 17.6%, from 159 to 131. Closed sales decreased by 41.9%, from 117 to 68. Median sales price increased from $294,450 to $305,050. Average sales price decreased from $355,229 to $333,877. Days on market decreased by almost 4%.
almost 4%. New listings decreased by 14%, from 1,920 to 1,651. Closed sales decreased by 23%, from 1,302 to 1,003. Median and average sales price both increased, by 1.8% and 5.9%, respectively. Days on market remained the same as in January.
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Five valuable things buyers and sellers want to know about a transaction, like crafting a smart offer or staging the home for showings. This is a very practical piece to demystify the real estate process and help those who were hesitant to jump in feel more comfortable.
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