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Durham Homes for Sale | Sales Up Double Digits - Again

Posted by Penny Hull on Wed, Feb 20, 2013 @ 09:02 AM

How's the Market in Durham NC?

Durham Homes for Sale January 2013 Market Report

Durham Homes For Sale - Hows the MarketThe January 2013 Durham County report shows continued housing market strength - with increasing closed sales and reduced inventory of homes for sale.

There was a huge increase in closings in January 2013 versus January 2012 - 21.7 percent - according to the recently released Triangle MLS Report for January 2013.

 

 

How's the Market in Durham NC? 21.7% Increase in Closed Sales in Durham County

Durham County closed home sales are up 21.7 percent in January 2013 versus January 2012.  This follows a 21.1% increase December 2012 vs. December 2011.

January 2012 - 161 Closed Sales in Durham County

January 2013 - 196 Closed Sales in Durham County

Months of Supply Dramatically Reduced

The months of supply of homes available in Durham NC has reduced significantly.  A 6 month supply is considered a neutral market - neither buyers nor sellers have a strong advantage.  In January 2012, Durham NC was considered a Buyers Market, with 7.6 months of supply.  In January 2013, the market was balanced and heading towards a seller's market.  This is the lowest months of supply in Durham seen since 2006!

January 2012 - 7.6 Months of Supply

January 2013 - 4.9 Months of Supply

 

how's the market in durham nc

20.1% DECREASE in Total Homes For Sale in Durham County

The total available inventory of homes for sale in the Durham area has decreased.

 

January 2012 - 1655 Homes for Sale in Durham County

January 2013 - 1322 Homes for Sale in Durham County

 Percent of List Price Received:

January 2012 - 95.5% of list price received

January 2013 - 96.5% of list price received

 As the supply of homes dwindles down, the percentage of list price received has increased.  This is an average of new homes in Durham, used homes in Durham, and townhouses/condos in Durham.

Get the Latest Durham New Home Market Reports Here

See All Area Market Reports Here

Tags: durham new homes, durham market reports, durham new home builders, hows the market in durham nc

Durham Homes for Sale | Sales Up 21%, Inventory Tightens Further

Posted by Penny Hull on Mon, Jan 21, 2013 @ 05:01 AM

How's the Market in Durham NC?

Durham Homes for Sale December 2012 Market Report

Durham Homes For Sale - Hows the MarketThe December 2012 Durham County report shows continued housing market strength - with increasing closed sales and reduced inventory of homes for sale.

There was a huge increase in closings in December 2012 versus November 2011 - 21.1 percent - according to the recently released Triangle MLS Report for December 2012.

 

 

How's the Market in Durham NC? 21.1% Increase in Closed Sales in Durham County

Durham County closed home sales are up 21.1 percent in December 2011 versus December 2012.

December 2011 - 199 Closed Sales in Durham County

December 2012 - 241 Closed Sales in Durham County

Months of Supply Dramatically Reduced

The months of supply of homes available in Durham NC has reduced significantly.  A 6 month supply is considered a neutral market - neither buyers nor sellers have a strong advantage.  In December 2011, Durham NC was considered a Buyers Market, with 7.4 months of supply.  In December 2012, the market was balanced and heading towards a seller's market.  This is the lowest months of supply in Durham seen since 2006!

December 2011 - 7.4 Months of Supply

December 2012 - 4.9 Months of Supply

 

how's the market in durham nc

19.3% DECREASE in Total Homes For Sale in Durham County

The total available inventory of homes for sale in the Durham area has decreased.

 

December 2011 - 1605 Homes for Sale in Durham County

December 2012 - 1296 Homes for Sale in Durham County

 Percent of List Price Received:

December 2011 - 95.2% of list price received

December 2012 - 96.7% of list price received

 As the supply of homes dwindles down, the percentage of list price received has increased.  This is an average of new homes in Durham, used homes in Durham, and townhouses/condos in Durham.

Get the Latest Durham New Home Market Reports Here

See All Area Market Reports Here

Tags: durham new homes, durham market reports, durham new home builders, hows the market in durham nc

How's the Market in Durham? Homes for Sale Up Sharply, Supply Down

Posted by Penny Hull on Fri, Dec 28, 2012 @ 13:12 PM

How's the Market in Durham NC?

Durham Homes for Sale November 2012 Market Report

Durham Homes For Sale - Hows the MarketThe November 2012 Durham County report shows continued housing market strength - with increasing closed sales and reduced inventory of homes for sale.

There was a huge increase in closings in November 2012 versus November 2011 - 25.4 percent - according to the recently released Triangle MLS Report for November 2012.

 

 

How's the Market in Durham NC? 25.4% Increase in Closed Sales in Durham County

Durham County closed home sales are up 25.4 percent in November 2011 versus November 2012.

November 2011 - 189 Closed Sales in Durham County

November 2012 - 237 Closed Sales in Durham County

Months of Supply Dramatically Reduced

The months of supply of homes available in Durham NC has reduced significantly.  A 6 month supply is considered a neutral market - neither buyers nor sellers have a strong advantage.  In November 2011, Durham NC was considered a Buyers Market, with 8.2 months of supply.  In November 2012, the market was balanced and heading towards a seller's market.  This is the lowest months of supply in Durham seen since 2006!

November 2011 - 8.2 Months of Supply

November 2012 - 5 Months of Supply

 

how's the market in durham nc

26.7% DECREASE in Total Homes For Sale in Durham County

The total available inventory of homes for sale in the Durham area has decreased.

 

November 2011 - 1869 Homes for Sale in Durham County

November 2012 - 1370 Homes for Sale in Durham County

 Percent of List Price Received:

November 2011 - 95.4% of list price received

November 2012 - 96.5% of list price received

 As the supply of homes dwindles down, the percentage of list price received has increased.  This is an average of new homes in Durham, used homes in Durham, and townhouses/condos in Durham.

Get the Latest Durham New Home Market Reports Here

See All Area Market Reports Here

Tags: durham new homes, durham market reports, durham new home builders, hows the market in durham nc