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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