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Archive for June, 2016

bubble

Here’s how the numbers shape up May 2015 vs. May 2016in the Triangle Real Estate Market

May 2015 closed sales

3375 closed sales, 58 average days on market, average list price $265,898 average sale price $261,852

May 2016 closed sales 3731 closed sales, 53 days on market, average list price $274,844, average sale price $274,829

In 23 years of selling real estate in this market I’ve never seen list price and sales price so close. $15 difference really means that many homes are selling for full price or more than asking.

Have you drained and flushed your water heater?  You should to prolong it’s life. Need help with this?  Call or email and we’ll get you a name.

Buying, selling, leasing real estate—Call us!

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