Welcome to the Triangle’s Weekly Real Estate Market Update!
In this week’s edition, we’re bringing you the freshest insights into the bustling real estate market of the Triangle area! Whether you’re a seasoned investor, a first-time homebuyer, or a curious observer, our comprehensive analysis will keep you informed and empowered to make confident decisions in today’s dynamic market.
Let’s dive into the latest statistics and trends shaping the landscape of Triangle real estate. From new listings to pending sales, we’ve got you covered with all the essential updates you need to know. So grab a cup of coffee, sit back, and let’s explore the exciting developments together!
New Listings
Last week, we saw 972 new listings hit the market, a 5.5% increase from the previous week.
Back on Market
There were 331 properties back on the market, a significant jump of 16.1%.
Pending Sales
Good news for sellers, as pending sales increased by 1.3%, totaling 6,899 properties under contract.
Price Changes
With 794 price changes, representing a 4.1% increase, now might be the perfect time to make an offer!
Sold Properties
The number of properties sold surged by 11.9%, reaching a total of 1,088 sales. Don’t miss out on your dream home!
Expired Listings
Listings that expired increased by 18.1%, totaling 202 properties. Let’s find out why!
Open House Events
Though there was a slight decrease of 6.9%, there are still plenty of opportunities to explore your options.
Exciting times in the Triangle real estate market! Whether you’re buying, selling, or investing, the BRAZOBAN Realty Group is here to assist you every step of the way. Leave a comment below with your thoughts, and don’t forget to subscribe to our newsletter for more updates!
Source: Triangle MLS
