Raleigh, Durham, Chapel Hill November Real Estate Market Stats

 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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