October Real Estate Market Update

The BHHS Carolinas Realty family of companies has released information about real estate markets in several NC areas for October. These market reports focus on units sold, median sales price, days on market and the inventory of homes for sale.

Winston-Salem: The averages for the month of October show an increase of 15% for units sold during October year over year and an increase of 4% from September. The median sales price was $118,000.  The average days on market increased 1% from 2012 to 97 days. Active listings have dropped 16% from one year earlier and 2% from September.

Greensboro:The averages for the month of October show that it’s consistent for units sold during October year over year and the median sales price was just above $130,000.  The average days on market continue to decrease, down to 75 days, which is a 30% decrease from 2012. Active listings have dropped 6% from one year earlier and increased 4% from September.

Triangle Area: The averages for the month of October show an increase of 14% for units sold during October year over year and the median sales price was just over $210,000. The average days on market continue to decrease, down to 91 days which is a 17% decrease from 2012. Active listings have dropped 33% from one year earlier and 6% from September.

Charlotte: The averages for the month of October show a decrease of 1% for units sold during October year over year and the median sales price was $180,000.  The average days on market continue to decrease, down to 74 days, which is a 21% decrease from 2012. Active listings have dropped 8% from one year earlier and 9% from September.

To find out more about your local real estate market, watch our 60-second market videos at : http://bhhscarolinas.com/marketvideos.aspx

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