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Year to Date Sales in the Triad

By
Real Estate Broker/Owner

 Year to Date Sales Statistics From Triad MLS

County New Avg LP Pending Avg LP Closed Avg SP %SP/LP Avg DOM
Davidson 373 $215,132 161 $139,630 116 $146,318 95.59% 138
Davie 134 $308,192 40 $207,205 30 $158,959 92.98% 82
Forsyth 1254 $221,085 450 $155,997 351 $166,043 95.40% 119
Guilford 1741 $218,616 685 $162,647 486 $153,848 95.00% 117
Yadkin 37 $190,718 19 $104,131 17 $111,907 95.35% 96
    $230,748   $153,922   $147,415 94.86% 110

 

Sellers are maintaining a strong list to sale percentage in most caseses. Foreclosers are expcted to be up in the coming months as banks finalize all properties that are not eligible for debt relief.  Buyers may be losing some of their ability to negotiate as low interest rates are expected to start rising in the next few months.  Jobless claims should stabilize, not because of government intervention, but because many companies are at optimal employee levels based on current business.

All in all, the economy is in better shape than most of the rest of the world. 

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