Here’s how the numbers shape up July 2016 vs. July 2017 in the Triangle Real Estate Market:
July 2016 closed sales
3555 closed sales, 41 average days on market, average list price $282,586 average sale price $279,294
July 2017 closed sales 3510 closed sales, 38 average days on market, average list price $297,375 average sale price $294,289
July 2016 active listed homes** entire Triangle Multiple Listing market* 8429
July 2017 active listed homes** entire Triangle Multiple Listing market* 7895
**Home= Detached House, Townhouse, Condominium, Singlewide Trailer, Doublewide Trailer and Modular Home
*TMLS market- generally Virginia (N) to Fuquay Varina, NC (S) Burlington, NC (W) to Nash County Line, NC (E) This is not a firmly defined market area.