RTP residential real estate closing numbers September 2016 vs. September 2017

By Michael | October 2, 2017

Here’s how the numbers shape up September 2016 vs. September 2017 in the Triangle Real Estate Market:

September 2016 closed sales

3214 closed sales, 44 average days on market, average list price $269,014 average sale price $264,956

September 2017 closed sales 3096 closed sales, 41 average days on market, average list price $284,933 average sale price $281,718

Broader Economic Tid Bits:

According to Zillow’s chief economist Zvenja Gudell there are fewer homes on the market because baby boomers are staying put in the home sweet home, rather than downsizing.

Posted in Raleigh/Durham/Chapel Hill Real estate