Durham County January Market Stats
February's Market Update video for Durham County is out and it's packed with helpful insight that will help you make informed real estate decisions as you navigate the Triangle's local real estate market. Here's a summary of the information covered in the above video for Durham County:
During January, the number of active listings in Durham County was down 9% from the previous year and down 10% from the previous month. Durham County's median listing price was just under $350,000 and the median sold price was just over $250,000.
Compared to the previous year, the average number of days that properties spent on the market before selling was up 10%. Overall, the number of units sold decreased by 11% year-over-year and decreased by 19% from December.
If you have any questions regarding the local real estate market in your desired area, please reach out to our Raleigh office at 919.981.6505 to be connected with any of our highly experienced real estate brokers.