Special offer

January Market Report for the Triangle

By
Real Estate Agent with CRS-SRES-ABR-GRI-E-Pro-CREN ~ COMPASS RE 228537

The numbers are finally out for January in the Triangle!

Units Sold

  • Units Sold-1,813
    • Up 10% vs. Last year
There was a decrease in total units sold in January, versus 2,709 last month, a decrease of 33%. This month's total units sold was higher than at this time last year, an increase of 10% versus January 2015
 
Active Inventory
  • Active Inventory-6,819
    • Down 19% vs. Last Year
The total number of active inventory this January was 6,819 compared to 8,440 in January 2015. This month's total of 6,819 is lower than the previous month's total supply of available inventory of 7,276, a decrease of 6%.
 
Median Sale Price
  • Median Sale Price $221,500
    • Up 10% vs. Last Year
Last January, the median sale price for The Triangle Homes was $200,480. This January, the median sale price was $221,500, an increase of 10% or $21,020 compared to last year. The current median sold price is 4% lower than in December.
  • Average Days on the Market-63
    • Down 13% vs. Last Year
 
Posted by

 

 

Sharon Kowitz
www.kowitzrealty.com

Relocation Certified Specialist
Broker/REALTOR
Gold Sales Club - Top Producer
CRS-GRI-ABR-E-Pro-SRES-LHMSM-CREN

Cell: 919-417-4367
skowitz@fmrealty.com

 

 

Comments(1)

Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Hi Sharon

As a fellow CRS I know you know the value of providingessential market information to consumers, and you've done a great job here. Looks like the trend I have seen in some other communities. Hope things move along in a positive direction into your spring market!

Jeff

Feb 15, 2016 12:23 PM