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Posts Tagged ‘durham nc real estate’

4607 Carlton Crossing Dr. Durham, NC 27713 is a lovingly cared for home. There are dramatic spaces. Here you’ll find a light and bright interior with high ceilings. A split bedroom design with master suite that says wow offers great function and privacy.  Through out this home one finds fine finishes and moldings. The master suite has a trey ceiling in master and offers a nice retreat and ample space for a lounge.  This home has solar mitigating screens at back and a sun shade for deck. There is a huge unfinished attic with steps ready to use. The gourmet kitchen with built in oven and microwave plus Granite counters and lovely maple cabinets is a cook’s delight.
There is a graciously sized dining room and living room and great outdoor spaces are just steps from the breakfast area and living room. This home also offers an  office that sits at front with nice view and good light. Offered at $339,900.Care to see inside?  Call us today. 919-493-7633 or visit us at www.TeamMichaelSullivan.com 

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After a robust start to 2013 there has been some cooling in the market. Lawrence Yun, chief economist with the National Association of Realtors sums it up best with an expectation that interest rates will close in on 5% by mid-2014.

There are 17.8 renter households with sufficient income to buy a $177,000 home at a 3.5% interest rate compared to 14.9 million households at a 5% interest rate.

By the numbers, June 2012 vs. June 2013 closed sales Durham County NC

2012
398 closed properties
85 days on market on average
Average list price $276,698
Average sale price $209,385

2013

472 closed properties
64 days on market on average
Average list price $217,864
Average sale price $213,125

Please remember me if you come across someone who wants to buy or sell real estate.

919-608-2372 mobile/text or
MSullivan@fmrealty.com

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