May 2020 – June 2020 Recap
- Median Sales Up .6% May and June 2020
- Days on Market Up 3.8% and Inventory Down 12%
- Closed Sales Up 31%, Under Contract Sales 2.8%, and New Listings Up 2%.
June 2019 vs June 2020
Showings were up 0%, inventory down was down 36.1%, and listings were also down 2.8%. Pending Sales were up 12%, Closed Sales were up 31%, and Overall Average Sales were up 3%. What does this mean for you? If you’re considering a sale this year, the market could not be hotter! If you’re ready to buy, you’ll need strong representation in your corner and I’m up to the task!
Watch to see more trends in the local real estate market for the Greater Triangle Region during the month of June 2020…
For more information about Triangle MLS, or for previous Market Trends, visit here.
Whether you are looking to buy or sell your home I am here to help. If you are looking for investment properties, I can help you with that too! Give me a call today at 919-961-3277. Or, send me over an email to Annie@HudsonResidential.com.