Here is Front Porch Realty’s quarterly local real estate market snapshot. Mortgage interest rates and Triangle demographics are still causing a major shortage of homes in the Triangle as well as our end of the county. Sales prices are up a healthy 6-7 % across the Triangle with our average sales price about $300,000 and average days on market 36 days. We are still experiencing frustrated buyers in the under $300,000 price range at our end of the county with days on market being reported in hours, not days.
Check out our 2nd quarter numbers here: 2nd Quarter 2017 Continue reading Quarterly snapshot shows Triangle shortage!
Here is Front Porch Realty’s quarterly local real estate market snapshot. Mortgage interest rates and Triangle demographics are still causing a major shortage of homes in the Triangle as well as our end of the county. Sales prices are up a healthy 6-7 % across the Triangle with our average sales price about $300,000 and average days on market 36 days. We are still experiencing frustrated buyers in the under $300,000 price range at our end of the county with days on market being reported in hours, not days.
Check out our 2nd quarter numbers here: 2nd Quarter 2017 Continue reading