If you are interested in Buying or Selling a home in the Chapel Hill real estate market, the Durham real estate market, the Carrboro real estate market or surrounding areas in the Triangle, this website has a wealth of information that will be important and helpful.
You can search the Triangle MLS neighborhoods in Chapel Hill Homes for Sale, Carrboro Real Estate, Durham Properties for Sale as well as Hillsborough, Cary, Apex, Raleigh, Pittsboro and Wake Forest. Set up your own personal search and receive updates on new listings that meet your house hunting criteria.
If you are selling a home, information about the current market trends in your neighborhood, selling tips, and a free Comparative Market Analysis are available to help you make an informed decision.
Local community information is available for Chapel Hill and Carrboro, Durham, Pittsboro/Northern Chatham, Cary and surrounding areas of the Triangle such as Hillsborough, Apex, Raleigh and Wake Forest. Find out about the Communities, Schools and Amenities each area has to offer. If you are relocating to the area, download my Relocation Guide.
Triangle Market Update February 2017
Trend for February 2017
All inventory is down 8% compared to February 2016
Inventory is up 4% from January 2017
New Construction is adding inventory
Resales are decreasing inventory
New Listings up 7% from February 2016
Pendings up 2% over February 2016
up 18% over January 2016
54% of inventory went under contract in February 2017
Closed sales up 5% over February 2016
up 6% over January 2017
Days on Market (DOM) 50
Average Closing Price up 7%
Resale Price up 3%