Tuesday, December 16, 2008
Durham North Carolina Home Sales — November 2008 Market Snapshot
Durham County
November 2007
November 2008
% Change
Number of detached sales
218
131
-39.91%
Number of condo sales
11
5
-54.55%
Number of townhouse sales
31
17
-45.16%
Number of new construction sales
63
36
-42.86%
Number of re-sales
197
117
-40.61%
Average detached sales price
$205,163
$198,161
-3.41%
Average condo sales price
$120,525
$141,535
+17.43%
Average townhouse sales price
$173,527
$133,473
-23.08%
Average new construction sales price
$283,405
$247,477
-12.68%
Average re-sales price
$170,437
$171,168
+0.43%
High Sale price detached
$925,000
$519,485
-43.84%
High Sale price condo
$320,000
$235,833
-26.30%
High Sale price townhouse
$301,919
$195,000
-35.41%
High Sale price new construction
$760,000
$519,485
-31.65%
High Sale price re-sale
$925,000
$450,000
-94.59%
Average Sales Price for ethe entire area
$197,810
$189,123
-4.39%
Average List price for New Construction
$294,188
$250,914
-14.71%
Average List price for Re-sale
$176,309
$178,005
+0.96%
Average List price for the entire area
$204,872
$195,160
-4.74%
Contact Jodi Bakst, Broker, CRS, GRI, ABR, Certified Distressed Property Expert, and Certified Luxury Home Specialist in Chapel Hill, NC at 1-88-TeamJodi (888-326-5634) to list your property for sale or to purchase a property in Chapel Hill, Carrboro, Durham, Hillsborough, Pittsboro or Orange, Durham or Chatham County North Carolina. Team Jodi is accepting referrals.
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If you are looking to list your home in Chapel Hill, Carrboro, Orange or Durham County North Carolina, call Team Jodi toll free at 88-TeamJodi (888-326-5634), email us at [email protected] or visit us at www.TeamJodi.com.