Here is what I found for Raleigh NC Real Estate Stats for October 2007 as comparable to October 2006.

Interesting enough the days on the market did not go up that much. Remember that this is an average for the whole month of October for both years. 

This stat is based only on Closing for October.

The Year            The list price            The sales price         The Days on Market              Total Closings

2006                 $253,035                  $248,747                        58                               886

2007                 $252,628                  $247,449                        63                               729

 

OK that is the stats For and only Raleigh. Amazing I believe.

So what about the days on market. How do you get an average. Exacately by the highs and lows added together. So what does it really say?

 

Susan Trombley

Re/Max Hometown

www.susantrombley.com

susan@susantrombley.com

cell 919-395-2868 

 

5 Comments on Raleigh NC October 2007 Real Estate Stats

NOV
07
2007
304,064 Points 15 Featured Posts Localism Sponsor Outside Blog
Susan,
It appears Raleigh is still holding its own while other areas are not fairing as well.  I hope it continues for you.
8:13pm • #1

Just thought this was kinda interesting, I pulled the same data in my market, although much smaller than your market, the percentages were very close.

Gadsden, AL

MM/YY          DOM

10/06           123

10/07           134       Up 8.21%

Both markets close to 8%

Maybe a few others around the Country can put a little data out and see how it all compares.

8:42pm • #2
131,525 Points Outside Blog

Cynthia - Yes I hope to keep up the good work and improve from here. I too, hope your market blooms. I remember a blog that you were getting more Military. I hope this helps your market.

Michael - Yes, very interesting.Yes I too would like to see other data.

 

8:47pm • #3
NOV
08
2007
284,851 Points 37 Featured Posts Localism Sponsor Outside Blog

It does look like you are in a pretty steady market.  I did a similar look at my October numbers in an earlier blog.  What I find is that because we aren't talking about a lot of units that a three-month analysis is probably a little more accurate.  Sometimes one really wacky sale can through a whole month off.

4:07pm • #4
131,525 Points Outside Blog
Diane -  Wow one transaction can make that much of a change. How many closing were in October of 2007 then? I can see that going by 3 months can work out better if you do not have large numbers of closings.
4:19pm • #5


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Susan Trombley Broker/Realtor Raleigh, Cary, Wake Forest, Youngsville

Raleigh, NC

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Trombley Real Estate

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