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Archive for the ‘Raleigh/Durham/Chapel Hill Real estate’ Category

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Here’s how the numbers look July 2018 vs. July 2019 in the Triangle North Carolina Residential Real Estate Market
 
July 2018 closed sales
4032 closed sales, 20 average days on market, average list price $309,931; average sale price $307,681**
July 2019 closed sales
3848 closed sales, 21 average days on market, average list price $326,617; average sale price $322,340**
 
Do you know someone who might want to sell, buy or lease residential real estate? We can help, call or email us.
We are uniquely qualified to help sellers, landlords and buyers of residential real estate in the entire Triangle Region of NC.
Want this market update as an email? Email today and request. Michael@MLSullivan.com
See our listings at MLSullivan.com
 
**Triangle Multiple Listing Service (TMLS) SOURCE OF DATA
***2018 stats, properties sold for .9927% of asking price in July 2018 for the entire region served by TMLS. 2019 stats, properties sold for .9869% of asking price in April 2019 for the entire region served by TMLS
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https://www.seetheproperty.com/314761

Sparkling + shinny Hope Valley Farms home. Hardwood flooring in living room refinished, paint fresh + new carpet added to main level bedroom + second floor. Flexible floor plan w/ main level master + adjoining bath. Three bedrooms + full bath up. Country kitchen with all appliances to convey. Sliding doors to a fully fenced rear yard a safe play space and + extension of living space to a patio. Large inviting front porch. Super easy vinyl exterior. Steps to bike paths +American Tobacco Trail + shopping .

Interested? Michael@MLSullivan.com or 919-493-7633

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Here’s how the numbers look May 2018 vs. May 2019 in the Triangle North Carolina Residential Real Estate Market
 
May 2018 closed sales
3994 closed sales, 19 average days on market, average list price $309,139; average sale price $307,403**
 
May 2019 closed sales
4151 closed sales, 20 average days on market, average list price $324,953; average sale price $322,451**
 
**Triangle Multiple Listing Service (TMLS) SOURCE OF DATA
***2018 stats, properties sold for .9943% of asking price in May 2018 for the entire region served by TMLS. 2019 stats, properties sold for .9923% of asking price in May 2019 for the entire region served by TMLS
 
Do you know someone who might want to sell, buy or lease residential real estate? We can help, call or email us.
 
We are uniquely qualified to help sellers, landlords and buyers of residential real estate in the entire Triangle Region of NC.

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Here’s how the numbers look April 2018 vs. April 2019 in the Triangle North Carolina Residential Real Estate Market
April 2018 closed sales
3524 closed sales, 22 average days on market, average list price $304,092; average sale price $301,939**
April 2019 closed sales
3563 closed sales, 23 average days on market, average list price $320,041; average sale price $317,431**
**Triangle Multiple Listing Service (TMLS) SOURCE OF DATA
***2018 stats, properties sold for .9929% of asking price in April 2018 for the entire region served by TMLS. 2019 stats, properties sold for .9918% of asking price in April 2019 for the entire region served by TMLS
Do you know someone who might want to sell, buy or lease residential real estate? We can help, call or email us.
We are uniquely qualified to help sellers, landlords and buyers of residential real estate in the entire Triangle Region of NC.
See our listings at www.MLSullivan.com
See our new listing at 5106 Butternut Rd. https://www.seetheproperty.com/312344

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Here’s how the numbers look March 2018 vs. March 2019 in the Triangle Residential Real Estate Market

March 2018 closed sales

3366 closed sales, 27 average days on market, average list price $268,470; average sale price $265,000

March 2019 closed sales

3362 closed sales, 26 average days on market, average list price $312,510; average sale price $376,606***

**Triangle Multiple Listing Service (TMLS) SOURCE OF DATA
***937 newly constructed homes with an average list price of $371,514 and sold price of $370,387. Analysis is that resale homes are still selling above asking price in many instances. This can be attributed to low inventory.
Median resale home price in March 2019 was $250,000 for the entire region served by TMLS.

Do you know someone who might want to sell, buy or lease residential real estate?  We can help: call or email us.

We are uniquely qualified to help sellers, landlords and buyers of residential real estate in the entire Triangle Region of NC.

Exciting change is coming …TeamMichaelSullivan is transforming to MLSullivan.

See our listings: Homes for sale and homes for rent

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Here’s how the numbers look February 2018 vs. February 2019 in the Triangle Residential Real Estate Market

February 2018 closed sales

2284 closed sales, 30 average days on market, average list price $294,080; average sale price $290,177

February 2019 closed sales

2573 closed sales, 30 average days on market, average list price $307,162; average sale price $300,750

**TMLS SOURCE OF DATA

Do you know someone who might want to sell, buy or lease residential real estate?  We can help: call or email us.

We are uniquely qualified to help sellers, landlords and buyers of residential real estate in the entire Triangle Region of NC.

Exciting change is coming …TeamMichaelSullivan is transforming to MLSullivan.

Follow us on Facebook

See our listings: Homes for sale and homes for rent

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Do you own a rental property in Raleigh, Durham, Cary, Morrisville, Chapel Hill, Hillsborough, Mebane, Graham or anywhere in Wake, Durham, Orange and Eastern Alamance counties of North Carolina?  If so we can help. MLSullivan  for nearly a decade has been assisting property owners with their property management needs.  We manage single family, multi family, condominiums and townhouses through out the region. We have systems in place for seamless and efficient property management solutions. Learn more at our property management portal or at our web site; MLSullivan.com. You can always email Michael Sullivan at Michael@MLSullivan.com and our telephone number is 919-493-7633.

Full-service property management 

  • Multiple Listing Marketing 
  • Professional Photography 
  • Property Analysis – an in-depth analysis of projected income and expenses and a property needs analysis. 
  • Tenant vetting – which includes showing your property. We require a 625-credit score and debt to income ratios 55% and lower (including rent) in order to offer tenancy. 
    • Criminal background check 
    • Eviction background check 
    • Credit background check 
  • Standard lease agreement with five-page procedures addendum 
  • Electronic document service for landlords and tenants. 
  • Tenant move in concierge service: 
  • Utility coordination  
  • Key service
  • Electronic rent collection 
  • Electronic rent disbursement 
  • 24/7 cloud based and fully interactive property management software.  
  • Landlord access to property management cloud based portal 
  • Tenant access to property management cloud based portal 
  • Maintenance notification 
  • Trusted, and when appropriate, appropriately licensed and insured vendor partners. 
  • Property preparation and punch out between tenancies 
  • Complete project management between vendors and owners which includes price quoting and budgeting. 
  • Small claims/eviction representation and well qualified legal partners when needed.  
  • Property monitoring: 
    • Exterior walk around inspections every four to six weeks and interior walk through tours/inspections with tenants bi-annually in the first and third quarters.  We will walk through and inspect more frequently when circumstances present. **call for details. 
    • Inspections reported to owners with written report and photos when needed. 
    • In depth property needs analysis. 
    • Home owner association compliance.  
    • Home owner association liaison. 
  • Comprehensive accounting with 24/7 cloud-based access to landlord clients. 
  • Comprehensive account reporting for annual taxes. 
  • 24 years market experience. 
  • Daily account reconciliation- when funds are ripe, those funds are disbursed to our landlord clients.  
  • 7-day emergency property monitoring because tenant occupied homes never take a day off.  
  • Efficient and professional office staff and management staff. 
  • Fully insured. 

We also offer limited service/tenant finder solutions. Please phone or email to discuss this service, Michael@MLSullivan.com or 919-493-7633.

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