By the numbers September 2012 vs. September 2013, real estate is on an upswing
Here are Triangle wide numbers, September 2012 vs. September 2013. A few months ago I said that there would be a cooling off in the market in the 4th quarter. Based on my volume of business, new buyer inquires and new seller inquires; I’m not certain that a cooling off is coming, just yet. My biggest concern at the moment, is this inflation in housing values, too much, too fast; is not too good. We are seeing keen competition for good homes and in some cases not so good homes. The condo and townhouse market can still be a bit difficult.
2006 Closed Listings September 2012
$226,461 Average List Price
$218,955 Average Sale Price
112 Average Days on Market
2323 Closed Listings September 2013
$234,938 Average List Price
$228,727 Average Sale Price
80 Average Days on Market