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Here’s how the numbers shape up December 2016 vs. December 2017 in the Triangle Real Estate Market:

December 2016 closed sales

2992 closed sales, 50 average days on market, average list price $282,750 average sale price $278,673

December 2017 closed sales 3020 closed sales, 48 average days on market, average list price $296,281 average sale price $292,381

2016 total units sold: 37,351, average days on market was 49, average list price was $273,795, average sale price was $269,991.

2017 total units sold: 39,301, average days on market was 44, average list price was $290,843, average sale price was $287,641.

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January’s statistics compare January 2013 to January 2014 and are for the entire Research Triangle Region. These are sales reported to TMLS or Triangle Multiple Listing System.

January 2013 closed sales, all averages
3 bedrooms, 2.5 baths, 2153 square feet, $222,294 list price, $214,984 sale price, 109 days on market.

January 2014 closed sales, all averages
3 bedrooms, 2.5 baths, 2166 square feet, $243,141 list price, $236,237 sale price, 93 days on market.

I think that these numbers indicate a dramatic shift in the local market.

If you or anyone you know is thinking about buying, selling or leasing real estate, please call me or refer your friends to me.

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