By the numbers July 2012 vs. July 2013 Home Sales Durham NC
I think these numbers are very telling. I believe that fourth quarter numbers will reveal a marked slow-down in the market.
July 1, 2012 to July 31, 2012 Durham County real estate stats:
321 Closed properties
1910 Average square footage
$196,905 Average list price
$191,412 Average sale price
93 Days on market average
July 1, 2013 to July 31, 2013 Durham County real estate stats:
434 Closed properties
1903 Average square footage
$206,667 Average list price
$201,302 Average sale price
79 Days on market average