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 for July 2015
Showings for July up 10% from last year. Down 2% from June (which is seasonal). This is the 2nd largest number of showings in the history of CSS (centralized showing services)
Inventory is down 14% compared to last July. Up 1% from last month. New Home inventory is down 1% while Resale is down 18% compared to last year.
Listings up 15% from last year.
Failed Listings: Expires up 27% since last July ; Withdrawn listings up 12% since last July. Market indicates that these homes were not priced correctly and people are not going to pay the price.
Pendings up 13% since last July. Down 4% from June (seasonal). 42% of the inventory went under contract.
Closed Sales: Year to date closed up 11%. Down 10% from last month.
Days on Market down to 43.
Prices up 5%. Resale up 4%.