Raleigh, Durham, Chapel Hill November Real Estate Market Stats

Monday, January 09, 2012

by Jodi Bakst

 Raleigh, Durham, Chapel Hill Real Estate Market Statistices for November, 2011

In the Triangle, although sales were down, they were down 5% as compared with the 20-30% we have seen over the last few years.  Sales are trending in the right direction.

Triangle Overall (Sales are down and prices are down)

  • As of the end of November, closed sales were down 5.4% overall;
  • Average prices were down slightly (2.6%);
  • The list to sales price ratio dropped from 96.4% in November 2010 to 96.1%;
  • The average days on market increased from 104 last year to 126 this year.

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