The final month of the year is upon us and the holiday season is in full swing. The changing of the calendar brings us another month of market data across the Triangle and paints a picture of the regional real estate activity.
November 2018:
Total Homes Sold: 2,953 (YTD Homes Sold: 36,561)
Average Sold Price: $308,836 (YTD Average Price: $302,437)
Average Days on Market: 23 (YTD Average DOM: 30)
Months Supply of Inventory: 4.6
This graph illustrates the annual trends and shows new listings coming to the market compared to the number of homes sold that same month