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:
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
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.
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