Hard to believe we are headed into the 2nd quarter of 2009 already. There's been a lot of chatter about how the market feels like it's improving here in the Triangle. So I thought I would do some research and see just what is taking place.
Let's start off with Wake County (we'll explore Raleigh, Cary, Apex, and Holly Springs individually in a bit). For the most part this area of our TMLS (Triangle Multiple Lisiting Service) has stayed pretty active. It's an area with a lot pull.
Below you'll see what the market activity has been for the month. These statistics are for detached homes only and the information comes from our Triangle Multiple Listing Service...
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Below is a market snapshot compliments of Stacey Anfindsen T.A.R.R. Report comparing this years 1st quarter to 2008... (you'll notice this report includes all activity not just detached homes)

Again, as I've mentioned before I believe that the showing activity of an area is also a good indicator of how the market is doing. The chart below compares the showings in our TMLS for the past 3 years. Interesting to see just what price ranges are getting the most showings in our market.

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So there you have it. Another report of the good, the bad, and the ugly. I'm not seeing a big upswing yet. But just as the chatter around here is saying - I'm feeling it too.
About the author: Pamela is with The St. Peter HomeSelling Team at Prudential YSU Realty in the Triangle.
A team of passionate North Carolina Brokers dedicated to connecting their clients to success in home buying and home selling in the Triangle.
Pamela can be reached via email at Pamela@RaleighHomesOnline.com or by calling (919) 645-2522.
For your real estate needs The St. Peter HomeSelling Team serves the following areas; Raleigh, Cary, Apex, Morrisville, Holly Springs, Fuquay Varina, Garner, Wake Forest

