Market Update for Durham & Orange Counties

Inventory is down and prices are up in both counties.  Here are the details on median sales price, days on market and number of homes for sale.
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Durham County Market Update:

Median Sales Price 
Oct 2014: $170,644
Oct 2017: $230,000 
35% increase in 3 years

Days on Market
Oct 2014: 34
Oct 2017: 8
76% decrease in 3 years

Homes For Sale
Oct 2014: 1220
Oct 2017: 709
42% decrease in 3 years

Orange County Market Update:

Median Sales Price 
Oct 2014 $253,000
Oct 2017 $323,750
28% increase in 3 years

Days on Market
Oct 2014: 61
Oct 2017: 25
59% decrease in 3 years

Homes For Sale
Oct 2014: 798
Oct 2017: 445
44% decrease in 3 years

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Inventory is down and prices are up in both counties.  Here are the details on median sales price, days on market and number of homes for sale.