Tuesday, December 09, 2008
Durham North Carolina Home Sales — October 2008 Market Snapshot
Durham County
October 2007
October 2008
% Change
Number of detached sales
260
196
-24.62%
Number of condo sales
26
26
0.00%
Number of townhouse sales
12
1
-91.67%
Number of new construction sales
95
70
-26.32%
Number of re-sales
203
153
-24.63%
Average detached sales price
$214,249
$212,107
-1.00%
Average condo sales price
$171.788
$170,019
-6.85%
Average townhouse sales price
$284,500
$200,000
-29.70%
Average new construction sales price
$259,688
$203,543
-21.61%
Average re-sales price
$191,708
$207,095
+8.03%
High Sale price detached
$766,000
$1,475,000
+92.56%
High Sale price condo
$375,500
$295,500
-21.09%
High Sale price townhouse
$765,000
$200,000
-73.86%
High Sale price new construction
$766,000
$763,000
-0.39%
High Sale price re-sale
$765,000
$1,475,000
+92.81%
Average Sales Price for ethe entire area
$213,373
$205,980
-3.46%
Number of Listing for the entire area
2261
2135
-5.57%
Average List price for New Construction
$299,606
$292,995
-2.21%
Average List price for Re-sale
$224,419
$232,519
+3.61%
Average List price for the entire area
$244,338
$246,796
+1.01%
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.