March 2012 vs. March 2013 Durham NC real estate trends

By Michael | April 21, 2013

March 2012 vs. March 2013 comparison for Durham County, closed sales/all residential sales

 

2013

Closed Listings: 280

Average Sales Price:$202,742

Average Size in Square feet: 2023

Average Days on Market:  107

 

2012

Closed Listings: 257

Average Sales Price: $190,098

Average Size in Square feet: 2040

Average Days on Market: 131

I’m going to just say WOW, not for the number of sales or days on market which both are improvements but for the spice in pricing.  Let’s hope that this is a housing recovery.

Posted in Raleigh/Durham/Chapel Hill Real estate and tagged ,