The Triangle (Raleigh/Durham/ Chapel Hill) Area Real Estate Market Snapshot 11/27/2011

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Real Estate Agent with Helping people in transition 210155
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Craig Rutman is a North Carolina Residential Real Estate Specialist that can assist you with the purchase and/or sale of real estate in the Raleigh - Cary – Apex metro areas; or any place else in the country by connecting you with a relocation professional in your destination of choice.

To find all available homes for sale in the Triangle area of North Carolina, please visit www.justnchomes.com

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Rainmaker
3,160,272
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Craig, I have never seen a report by you I don't think of the market I mean....well done my friend!

Nov 28, 2011 02:23 AM #1
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Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

Kristin - I post market reports all the time on my other blog sites. Typically, as you well know, I use this forum for posting the "lighter side" of Real Estate. Today, I just wasn't feeling funny!

Nov 28, 2011 02:41 AM #2
Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Well you certainly did your homework sir, now I know that you truly do sell houses!  LOL.  I'm impressed, but always have been, for many reasons!

Nov 28, 2011 02:48 AM #3
Rainmaker
3,194,620
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Craig, Seems NC is a little different than where we sell...3.32 bedrooms and 2.56 baths...looks like your MLS is funny too!(btw, we know it's just averages)

Nov 28, 2011 02:50 AM #4
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John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Real Estate Market Snapshot for the Triangle (Raleigh/Durham/ Chapel Hill) Area 11/27/2011 

Contact Craig Rutman for all your Cary North Carolina real estate needs.  Craig  will exceed your real estate expectations!

Nov 28, 2011 02:52 AM #5
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763,006
Amy Hahn
Pine Knoll Shores Realty - Morehead City, NC
Realtor/Broker - Crystal Coast, NC

Good Information here Craig.  Certainly not the "Craigster" I am used to here in the rain, but as always, you provide what folks need to know, Current Raleigh/Cary/Apex Market Information!  Smiles from the Coast :0)

Nov 28, 2011 04:29 AM #6
Rainmaker
2,310,705
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Craig: Good consumer information that will help potential buyers decide if now is the right time or not. 

Nov 28, 2011 07:18 AM #7
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2,225,515
Wanda Kubat-Nerdin - Wanda Can!
Prado Real Estate South - St. George, UT
So Utah Residential, Referral & Relocation REALTOR

Craig, Your report is clean and concise, just the way the consumer likes it. Happy Monday to you!

Nov 28, 2011 09:44 AM #8
Rainmaker
1,321,116
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Craig, your post got me intrigued about the number of listings that my board/MLS covers and there are only 8,556 listings...that's a big difference from your Raleigh/Durahm/Chapel Hill area with 23,879.

Nov 28, 2011 10:18 AM #9
Rainer
181,841
Tatyana Makarov
Coldwell Banker Residential Brokerage - South Windsor, CT
Your Greater Hartford Area Realtor

what??? You have 23,879 listings :)How many are going to sell?

Baths: 2.56?? That is something new.You sure got my attention with you market report :)

 You are too funny, Craig.

Nov 28, 2011 01:26 PM #10
Rainer
380,714
Laura S. Baker
First Weber Inc - Lake Mills, WI
Realtor (920) 728-4118, First Weber Inc

What the heck do all these numbers mean?  I am thinking a consumer may need a Craig Rutman type tutorial for this!  Or maybe just me.  ;-).

Nov 28, 2011 02:35 PM #11
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1,439,416
Richard Iarossi
Coldwell Banker Residential Brokerage - Crofton, MD
Crofton MD Real Estate, Annapolis MD Real Estate

Craig,

Like this area, seems to me your market is sliding sideways a little, which isn't a bad place to be right now.

Rich

Nov 28, 2011 03:01 PM #12
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1,155,177
Craig Rutman
Helping people in transition - Cary, NC
Raleigh, Cary, Apex area Realtor

Hey everyone,

Thanks for stopping on by and taking the time to comment on my post today.

To answer some questions:

  • Nick, the "Triangle" area is pretty big and our MLS covers a huge region.
  • The 3.32 bedrooms and the 2.56 bathrooms are just averages as are the prices, of course.
  • How many are going to sell? All of them! In time, if priced correctly!
  • Richard, even though it's still a buyer's market, we're trending to a more stable market.

 

Nov 29, 2011 12:42 AM #13
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