Hello Friends, welcome to August!
No surprise, most recent stats from the Triangle MLS show that New Listings, Closed Sales, and Median Sales Price are UP (again) this year from 2020! Although the July numbers are not out yet, we are confident that they will show an even stronger market than last year.
I keep getting asked: when will it slow down? I typically respond with “not any time soon, based on low inventory (including new construction) and continued migration to the Triangle… it’s all about supply and demand”. If you’d like more stats and numbers, along with insight, just call or email me!
MEDIAN SALE PRICE: +23.1%
2020 vs 2021 (Year to Date)
CLOSED SALES: +12.4%
MEDIAN SALE PRICE: +14.5%
If you have questions or need guidance, we are here and ready to assist you with all of your real estate needs.