March 2013 vs 2014 Real Estate Numbers

It’s hard to believe that we’re at April already.  According to REALTOR.org March 20, 2014 home prices continue to show solid growth but nationally home sales continue to lag edging down .04 percent in February. The REALTORS, blame weather. I’m not too sure about that. Michael blames a still soft employment market and ok, the weather too.

 March 2013 vs. March 2014 closed residential real estate statistics for the entire RTP region, from Triangle Multiple Listing:

 2013

2292 closed sales, 3 bedrooms, 2.5 baths, 2177 square feet, $235,718 list price, $229,673 sale price, 105 days on market.

2014

2214 closed sales, 3 bedrooms, 2.5 baths, 2153 square feet, $245,641 list price, $240,168 sale price, 90 days on market.

 Know someone who’s thinking about buying, selling or leasing real estate?  Refer them to us. 

 Remember…

We’re promoting our Team Michael Sullivan Facebook page, if you like it by May 1, 2014 we’ll enter you into a drawing for a $500 Home Depot gift card.  Good news is you don’t have to live in the RTP region to be in the drawing.