By the numbers July 2012 vs. July 2013 Home Sales Durham NC

I think these numbers are very telling. I believe that fourth quarter numbers will reveal a marked slow-down in the market. July 1, 2012 to July 31, 2012 Durham County real estate stats: 321 Closed properties 1910 Average square footage $196,905 Average list price $191,412 Average sale price 93 Days on market average July 1, 2013…

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April 2012 vs. April 2013 Durham NC Real Estate Trends

In the past month I feel like I’ve become an expert on appraisal problems.  Nearly every transaction that I’ve been working on has had an appraisal problem, value has come in too low.  This even after careful consideration of comparable sales when pricing or helping buyers make an offer on property. In residential sales the…

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March 2012 vs. March 2013 Durham NC real estate trends

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…

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