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Posts Tagged ‘real estate market evaluation’

Still looking good…

February 2013 vs. February 2014 closed residential real estate statistics for the entire RTP region, from Triangle Multiple Listing:

2013

1656 closed sales, 3 bedrooms, 2.5 baths, 2107 square feet, $216,967 list price, $210,960 sale price, 111 days on market.

2014

1693 closed sales, 3 bedrooms, 2.5 baths, 2141 square feet, $233238 list price, $227635 sale price, 97 days on market.

In my opinion the inflation in average list and sales prices comparing 2013 to 2014 is startling. I expect with inventory down that we’ll continue to see this upward tick in prices.  Condos and townhouses are recovering much more slowly.

Know someone who’s thinking about buying, selling or leasing real estate?  Refer them to us. 

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