Hello, everyone! Welcome back to our weekly stats update for the Triangle area. Let’s dive into the numbers and see how the real estate market has performed this week.
New Listings
Last week, we saw 1075 new listings come onto the market. This week, that number has slightly decreased to 1013, representing a 5.8% decrease.
Back on Market
The number of properties that came back on the market this week has seen a slight increase. From 321 last week, we now have 326 properties back on the market, marking a 1.6% rise.
Pending Sales
Good news on the pending sales front! We’ve observed a positive trend with pending sales increasing from 6706 to 6827, reflecting a 1.8% growth.
Price Changes
There has been a slight decrease in price changes this week. From 783 last week, we now have 746 properties with price adjustments, showing a 4.7% decrease.
Sold Listings
We’re pleased to report that the number of properties sold has increased this week. With 795 properties sold last week, we’ve seen a rise to 810 sold properties, indicating a 1.9% increase.
Expired Listings
The number of expired listings has decreased significantly this week. From 94 expired listings last week, we now have 79, marking a notable 16.0% decrease.
Open House Events
Lastly, open house events have seen a healthy increase this week. From 1686 events last week, we’ve seen a rise to 1817 open house events, representing a 7.8% increase.
Overall, despite some fluctuations in certain metrics, the Triangle real estate market continues to show resilience and activity. If you’re considering buying or selling a property in the area, now might be a great time to explore your options.
Stay tuned for more updates next week as we continue to monitor the market closely. As always, feel free to reach out to us at Brazoban Realty for personalized assistance and expert advice tailored to your real estate needs.
Thank you for joining us for this week’s stats update, and we look forward to seeing you again next week!
