The August market statistics for the Chapel Hill/Carrboro area  have been issued. This report shows the total market overview for the area.

Pending Sales in the region decreased by 17.3 percent from last August to arrive at 1,661. New Listings decreased 1.2 percent since last August, and the overall inventory of 19,602 was up 9.1 percent.

Median Sales Price was up 3.5 percent compared to last August,registering in at $193,500. Average Days on Market, at 110, increased 8.9 percent versus last year. Months Supply of Inventory was also up 3.3 percent compared to 2009 to 10.4 months

 

Below is the breakdown of properties for the Chapel Hill/Carboro area.

/kh