Learn more about the current Triangle real estate market!
With summer right around the corner not only is the temperature rising but so is the real estate market! If you are looking to sell your Triangle home now is a GREAT time as inventory is at an all-time low. With such a shortage in inventory, some markets are seeing purchase agreements written directly after a showing!
To compare May, 2013 to May, 2012:
- Inventory is down 21%
- Closed sales are up 34%
- Average days on market for closed homes declined from 111 to 77
- Median sales price rose 3.9% to $202,500
With the numbers on your side, now is a great time to sell and make a move! Whether you are looking to buy or sell, make sure you contact Wilson Realty Group for all of your real estate needs!