Monday, January 09, 2012
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.
Search homes for sale in Chapel Hill and Durham and the surrounding Triangle NC area.