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.
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Triangle Market Update for 4th Quarter 2015
Showings Highest showings on record for December and 4th quarter
Inventory: LOW: Down 12% since last December 2014.
New Home Inventory up 14% from a year ago/ Resale inventory down 23% from a year ago
Trying to add inventory but coming off faster than coming on.
Pendings were down 10% as far as 4th quarter/ Down 2% from last December
Closed Sales: Year to date up 10%, 4th quarter up 6% over last year 4th quarter, up 33% from last December
Days On Market: Down to 52 days averaging 45-55 DOM
Prices: overall prices up 5%, Resale also up 5%.