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Market Trends for Youngsville & Franklinton for October 2017

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

Market Trends for the Triangle for

October 2017

 

Units Sold-2,897

Compared to Last Year-Up 3%

 

Active Inventory-7,150

Compared to Last Year-Down 16%

 

Median Sale Price-$257,000

Compared to Last Year-Up 8%

 

Days on Market-43

Compared to Last Year-Down 4%

 

New Listings-3,287

Compared to Last Year-Up 6%

 

Current Contracts-3,037

Compared to Last Year-Up 20%

 

Sold vs. List Price-98.9%

Compared to Last Year-No Change

 

Months of Supply-2.5

Compared to Last Year-Down 18%

 

Market Trends for Youngsville & Franklinton for October 2017

 

Units Sold-62

Compared to Last Year-Up 15%

 

Active Inventory-169

Compared to Last Year-Down 20%

 

Median Sale Price-$238,929

Compared to Last Year-Up 2%

 

Days on Market-51

Compared to Last Year-Down 24%

 

New Listings-61

Compared to Last Year-Down 2%

 

Current Contracts-64

Compared to Last Year-Down 2%

 

Sold vs. List Price-99.8%

Compared to Last Year-Up 1%

 

Months of Supply-2.7

Compared to Last Year-Down 30%

 

 

Are you ready to Sell? Ready to Buy? Call me Today! The Triangle Real Estate Market is Ready for you! Your Triangle Relocation Specialist & Certified Residential Specialist~

Top 25 in the Triangle

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(8)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Thanks for sharing your market information...have a wonderful weekend!

Dec 16, 2017 07:01 AM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Sharon Kowitz,  great Market report for buyers and sellers and us in the Rain to check out.  

Dec 19, 2017 08:57 AM
Joseph Domino 480-390-6011
HomeSmart - Scottsdale, AZ
Real Estate Made Easy

Keep up the good work Sharon. I hope you have a great holiday.

Dec 19, 2017 09:10 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

Hi Sharon,
The national trend seems to be inventory down, prices up!  Happy Holidays!

Dec 19, 2017 09:19 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

Prices up, inventory down.  That is a good report for sellers.  Rumor has it next year things will shift.  You know about rumors though!

Dec 19, 2017 10:25 AM
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

This is a very good representation of the market trends in your area.

Dec 19, 2017 01:13 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

I really enjoyed reading your market report for Youngsville and Franklinton North Carolina Sharon Kowitz.

Dec 19, 2017 07:13 PM
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Oh by the way Sharon Kowitz, let me be the one of the first to congratulate you on reaching 500,000 points here on ActiveRain 

Dec 19, 2017 07:16 PM