Winter is Gone – Lets See How the Triangle Market Survived the First Quarter
Just like the temperatures, the housing market is heating up! Now that spring has arrived, you don’t have to scrape the ice off your car to get out and about and that is what buyers are doing – getting out and about and looking at houses! Showings are up 12% from last year which is always a good sign of an active market. New Home inventory is steadily increasing while re-sale inventory is decreasing – not surprising for a growing urban market like Raleigh. With more showings there are more pending sales – compared to last year these sales are up 8% and compared to March of last year alone they are up 13% and a HUGE 28% compared to February. Another positive statistic is that closing sales are up 7% compared to last year at this time.
The Triangle market is a great place to be! 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!