 NEW at the bottom of this blog page be sure to see the data about two counties at The Crystal Coast. Across the entire Triangle Region, there was a 22.7% decrease in new listings in April. The number of closed sales also decreased between 2022 and 2023, falling from 3,776 to 3,150 or 16.6%. The median sales price was reported as $400,000, while units stay on the market for an average of 27 days. This is making it more challenging for buyers. Sellers are getting the benefit of multiple offers and we are seeing pricing moving in the upward direction in the Triangle of NC.  In Chatham County, there was a 14.9% decrease in new listings in April. The number of closed sales increased between 2022 and 2023, rising from 104 to 113 or 8.7%. Median sales prices, though, decreased by 5.2%. In April, Chatham County's median sales price was higher than the median sales price for all MLS listings.  In Durham County, closed sales have decreased 21.1% year to date. Median sales price has decreased 2.4% when compared to April last year, falling from $425,00 to $415,000. In April, the Durham County median sales price was higher compared to the median sales price of all MLS listings.  The number of listings in Orange County has decreased by 3.7%, from 187 new listings year to date last year to 180 new listings this year. There was a 28% decrease in closed sales. Additionally, the median sales price increased by 8.6%, from $467,500 to $4507,500. In April, the Orange County median sales price was significantly higher the median sales price for all MLS listings.  The number of listings in Person County has decreased by 9.6%, from 52 new listings year to date last year to 47 new listings this year. There was a 25% decrease in closed sales. Additionally, the median sales price decreased by 12.1%, from $287,500 to $281,500. In April, the Person County median sales price was below the median sales price for all MLS listings.  In Wake County, there was a decrease of 29.8% in the number of new listings year to date compared to last year. The number of closed sales decreased 18.7% percent. The median sales prices decreased by 2.7% year to date, falling to $471,99, which is still higher, though, than the median sales price for all MLS listings.  In Carteret County, there were 161 new listings, comprising residential and multi-family properties. There were 139 sold properties in April. While the average list price was $643,950, the average sales price was $559,449. The average list price shows to be increasing in May.  In Onslow County, there were 515 new listings, comprising residential and multi-family properties. There were 418 sold properties in April. While the average list price was $378,258, which shows to be increasing significantly in May. The average sales price was $292,769.  If you’re ready to buy or sell at the beach in Carteret or Onslow County, Carl Johnson Real Estate can help you at the Crystal Coast. Give us a call at Carl Johnson Real Estate--919-880-0904—to learn more about how we can help get you to where you want and need to be.
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