It's Fall, kids are back in school and the Triangle real estate statistics are still improving.  
 

According to TMLS, (compared to the same time one year ago), this is what we are seeing:

 

1. Sales in the Triangle region were up 26.4% percent to 2310.

2. New listings in the Triangle region increased 7.5% to 3240.

3. Pending Sales were up 26.4% to 2310.

4. Inventory levels shrank 25.3% to 13,052 units.

5. Prices moved higher. The Median Sales Price increased 3.8% to $192,100.

6. Days on Market was down 8.8% to 115 days.

 

Click here for the latest statistics on video.

 

Election Day is less than 2 months away. There will be extra emphasis on jobs and unemployment as we move closer to the election. Because there is a relationship between jobs and housing, it's important for those in real estate to stay tuned in to what the politicians and economists have to say. With that being said, 2012 has been a good year in the real estate market so far and there is good reason to remain optimistic from this point forward.

 

If you are looking for a home this Fall, there are plenty of great homes to choose from. Give Masha Halpern & The Smart Move Team a call and we can help find the right home for you.

 

By the way; Are you registered to vote?

 

SEG