Congress recently extended the home buyer tax credit closing date to September 30. The measure would give more time to thousands of qualified home purchasers, who through no fault of their own are unable to meet the current closing deadline of June 30; however the measure would not extend the deadline for home buyers to qualify for the tax credit. The deadline extension applies only to homebuyers who have ratified contracts in place as of April 30, 2010, but could not close before June 30.
The April 30 deadline created a surge of home sales in April. Let's take a look at the Greenville NC real estate market for June.
Greenville NC real estate sales statistics for June show that the average sales price has increased by 7% to $172,178. While pending sales decreased by 23% when compared to June 2009. Sold listings increased by 11% from 2009 and new listings have decreased by 7%. Market times have increased by 29 days or 18% from 2009.
Date |
New |
Pending |
Sold |
Average |
DOM |
June 2010 |
151 |
97 |
112 |
$172,178 |
165 |
June 2009 |
163 |
126 |
126 |
$159,636 |
136 |
Learn more about the Greenville NC real estate market by visiting our websites, LizFreeman.com and LizFreemanHomes.com.