First day of Spring was yesterday, yeah. I can see the grass getting greener already. March Madness in full swing, hope your team is doing well. Maybe it is the weather but showings on our listings are definitely higher. The biggest selling months of the year are April, May and June so as you can imagine, showings are are the rise... with most occuring between the $200-400,000 price ranges.
Most listings spend an average of 125 days on the market in the Triangle, a 15% increase from this time last year. However, homes sales are starting to show some improvement in the lower price ranges. In more popular areas, supply is down to a 2 month supply under $150,000 list prices, where the luxury market ($500,000+) is still excessive.
Most listings spend an average of 125 days on the market in the Triangle, a 15% increase from this time last year. However, homes sales are starting to show some improvement in the lower price ranges. In more popular areas, supply is down to a 2 month supply under $150,000 list prices, where the luxury market ($500,000+) is still excessive.
BUY OF THE WEEK - An Investment Opportunity!
Glenwood North Town Homes
FORECLOSURE @ $199,900
