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Durham New Homes | Durham NC Market Report 2012

Posted by Penny Hull on Wed, Apr 04, 2012 @ 09:04 AM

February 2012 Durham County Real Estate Report

Durham Home Sales Up Again

Considering buying a new home in central North Carolina, in the Durham County area? You're not the only one. There was a huge increase in closings in February 2012 versus February 2011, according to the recently released Triangle MLS Report for February 2012.

Durham County NC New Home Market | Market Update Durham NC

This is a continuation of a trend in home sale increases in Durham County, mirroring Wake County's market growth.

 February 2011 - 143 Closed Sales in Durham County

February 2012 - 206 Closed Sales in Durham County

44.1% Increase in Closed Sales in Durham County

 

In addition, new listings have reduced as well, which means there are fewer choices to select from.

February 2011 - 518 New Listings in Durham County

February 2012 - 477 New Listings in Durham County

 

7.9% DECREASE in New Listings Available in Durham County

 

The total available inventory of homes for sale in the Raleigh area, specifically in Durham County, has decreased from 2,237 last year to 1,579 this year.

29.4% DECREASE in Total Homes For Sale in Durham County


Durham County is currently at a 6.9 months supply of inventory - down from a 9.2 months supply in 2011. 6 months of supply represents neither a buyers or a sellers market. Much lower than a six month supply, and Durham County will move to a "Seller's Market".

Get the Latest Raleigh Market Reports Here

See All Area Market Reports Here

Durham County NC Market Report | Market Update Durham NC
Durham County NC is located between Chatham County, Orange County, Person County, Granville County, and Wake County.

Durham County encompasses Bahama and Durham.

 

 

 

Considering buying a new home in Durham County, NC? Durham, NC New Home Market Resources:

Durham Lots and Land Durham County NC Market Report | Market Update Durham NC

Durham, NC New Homes

Build on Your Lot in Durham, NC - On Your Lot Durham Builders

Accessible Homes in Durham - Wheelchair Accessible Standards Durham

Acreage Lots Available in Durham, NC

Golf Course Community Homes – Durham NC Golf Communities

 

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Home Inventory Still Dropping in Durham | Durham NC Market Report

Posted by Penny Hull on Mon, Mar 26, 2012 @ 11:03 AM

February 2012 Durham County Real Estate Report

Home Inventory Down 29.4% | New Listings Down 7.9%

Considering buying a new home in the Durham County area?  Significant descreases in home inventory and new listings have been reported in the recently released Triangle MLS Report for February 2012.

Here are the Durham County home inventory and new listing changes in 2012 versus 2011:

 

 Durham County Market Report | Durham Home Inventory Down

 February 2011 - 2237 Homes for Sale in Durham County

 February 2012 - 1579 Homes for Sales in Durham County

29.4% Decrease in Inventory of Homes for Sale in Durham County

 

 

In addition, new listings have reduced as well, which means there are fewer choices to select from.

 February 2010 - 518 New Listings in Durham County

 February 2011 - 477 New Listings in Durham County

 

7.9% DECREASE in New Listings Available in Durham County

 AND

29.4% DECREASE in Total Homes For Sale in Durham County

The total inventory of homes for sale is also down - the inventory of available homes in Durham County was 29.4% lower in February 2012 than in February 2011. 

Get the Latest Durham Market Reports Here

See All Area Market Reports Here 

Considering buying a new home in Durham County, NC?

 

Get started here:Huge Increase in Durham Home Sales | Durham Home Inventory Decreasing

Durham Lots and Land

Durham, NC New Homes

Acreage Lots Available in Durham, NC

Golf Course Community Homes – Durham NC Golf Communities

Durham County NC Property Tax Rates 2011

 

 

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Durham Market Report | Available Homes Down 27.5% in Durham County

Posted by Penny Hull on Tue, Jan 31, 2012 @ 08:01 AM

December 2011 Durham County Real Estate Report

Home Inventory Down 27.5% - New Listings Down 18.3%

Considering buying a new home in the Durham County area?  You're not the only one.  There was a very significant decrease in home inventory and new listings in 2011 versus 2010, according to the recently released Triangle MLS Report for December 2011.

Durham Market Reports

 

 December 2010 - 2084 Homes for Sale in Durham County

 December 2011 - 1511 Homes for Sales in Durham County

27.5% Decrease in Inventory of Homes for Sale in Durham County

 

In addition, new listings have reduced as well, which means there are fewer choices to select from.

 December 2010 - 284 New Listings in Durham County

 December 2011 - 232 New Listings in Durham County

 

18.3% DECREASE in New Listings Available in Durham County

 AND

27.5% DECREASE in Total Homes For Sale in Durham County

The total inventory of homes for sale is also down - the inventory of available homes in Durham County was 27.5% lower in December 2011 than in December 2010. 

Get the Latest Durham Market Reports Here

See All Area Market Reports Here 

Considering buying a new home in Durham County, NC?

Durham Market Reports

Get started here:

Durham Lots and Land

Durham, NC New Homes

Acreage Lots Available in Durham, NC

Golf Course Community Homes – Durham NC Golf Communities

Durham County NC Property Tax Rates 2011

 

Tags: market reports, durham new home builders, new homes durham, market reports durham