Chatham county is booming - slated as one of the next up-and-coming real estate markets - builders and developers are moving full steam ahead on residential and commercial projects.  As a homeowner in Chatham county, you benefit from the low tax rates, $0.697 per $100 of assessed value (in most areas of the county), the lowest in the Triangle.

Although there have been slight slowdowns in the sales activity throughout the Triangle, we are still experiencing a healthy job growth.  For buyers, the increase in inventory on the market and more sellers offering incentives, means a stronger bargaining position for the ready and able buyer.

Chatham County current real estate statistics are as follows:

Active Listings (as of 10/30/07) - 631

Average Square Footage - 2,910

Average List Price - $474,287

For the month of October, we saw the following activity in the Chatham area:

Number of New Listings - 111

Number of Homes Under Contract - 63

Number of Home Sales Closed - 47

If you would like more information on the benefits of living in Chatham County, please call me at 919-542-0471, I would be happy to help you find the perfect home or homesite.  When choosing an agent, use someone who specializes in an area, Yvonne Beal, Chapel Ridge Realty, Your Chatham County Home and Land Experts.