February Real Estate Market Update

The BHHS Carolinas Realty family of companies has released information about real estate markets in several NC areas for February. 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 February show a decrease of 13% for units sold during February year over year. The median sales price was $122,700.  The average days on market decreased 5% from 2013 to 94 days.

Greensboro: The averages for the month of February show a decrease of 1% for units sold during February year over year and the median sales price was $128,500.  The average days on market continue to decrease, down to 90 days, which is a 25% decrease from 2013.

Triangle Area: The averages for the month of February show an increase of 11% for units sold during February year over year and the median sales price was $198,000. The average days on market continue to decrease, down to 99 days which is a 9% decrease from 2013.

Charlotte: The averages for the month of February show a decrease of 24% for units sold during February year over year and the median sales price was $168,100.  The average days on market increased slightly, up to 90 days, which is a 2% increase from 2013.

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

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