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Triangle Market Report for July 2016

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

Triangle Market Report for July 2016

 

Units Sold

  • Units Sold-3,337
    • No Change from Last Year

Active Inventory

  • Active Inventory-7,641
    • Down 20% from Last Year

Median Sale Price

  • Median Sale Price-$244,000
    • Up 8% from Last Year

New Listings

  • New Listings-3930
    • Down 2% from Last Year
  • Current Contracts-3,497
    • Up 15% from Last Year

Sold VS List Price

  • Sold vs. List Price-98.9%
  • Up .6% from Last Year

Months of Supply

  • Months of Supply-2.3
    • Down 20% from Last Year

Days on Market

  • Days on Market-40
    • Down 18% from 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)

Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Thank you for taking the time to share this.  This is exactly the type of information buyers and sellers need to make informed decisions! 

Aug 16, 2016 10:48 PM