Durham County May Market Stats

 

June's Market Update video for Durham County is out and it's filled with useful statistics that can help you on your home buying or selling journey. Here's a breakdown of the information covered in the above video for Durham County:

During the month of May, the number of active listings in Durham County was down 3% from one year earlier and down 8% 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 May, the average number of days that homes spent on the market before selling was up 9% from 23 days to 25 days. Overall, the number of units sold increased 3% year-over-year and increased 37% 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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