Raleigh NC Real Estate Market Update

Raleigh NC Real Estate Market Update

The Triangle MLS has reported that inventory continues to decline; down 6% last month.  The low inventory has helped keep the days on market to just under 90 days. Which is about 30 days better than this time last year.  When looking at Orange, Wake, Durham and Johnston Counties, sales have declined the second month in a row. However sales increased if you take into consideration all areas covered by the Triangle MLS.  While the decline in sales in the four major Counties would normally be a cause for concern, sellers find themselves in a great position since the low inventory has resulted in less competition and less time to sell in many cases. Want to know how much your home would list for in todays market? Check out this link:  http://raleighncrealestatetoday.com/sell.php , also look below to view the entire February 2014 Market Update courtesy of Triangle MLS. 

Brian Hargrove Headshot
Phone: 919-830-5233
Dated: March 17th 2014
Views: 523
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