3rd Quarter Market Report for the Triangle!
With Raleigh being named one of the top places to work and live we know the Triangle is a popular place to be right now but what are the statistics saying about the housing market?
First off, showings in September of 2015 are up 6% compared to September of last year which marks the 6th straight year of growth in showings for September. This trend is especially good news for sellers because it shows there are lots of potential buyers out there! Other good news for sellers is that the inventory levels are down – meaning it is a GREAT time to list! Inventory is down 11% from September 2014 but only down 2% since August 2015. Even though the overall inventory is down, new home listings have increased by 12% from last year.
Other statistics from the market report include the average days on market being 42 and overall closing prices are up 4%.
If you’re thinking of selling and have questions on the market or if you’re wondering what steps you should take to prep your home for sale, contact Wilson Realty Group at (919)378-1974! Our expert Listing Specialists are here for you!