Durham County July Market Stats

August's Market Update video for Durham County has been released and it's packed with useful information that can help you navigate the local real estate market. Here's a summary of the information covered in the video for Durham County:

During the month of July, the number of active listings in Durham County was down 1% from one year earlier and up 3% from the previous month. The median listing price in Durham County was just under $350,000 and the median sale price was just over $290,000.

Compared to last July, the average number of days that homes spent on the market before selling was up 12% from 25 days to 28 days. Overall, the number of units sold increased 8% year-over-year and held steady month-over-month.

If you have any questions regarding the local real estate market, please complete our contact form to be connected with any of our highly experienced real estate brokers.

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