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Triangle NC Real Estate Market Update for November 2019

triangle nc residential real estate market update
The Triangle Multiple Listing Services recently released November 2019 information for the Triangle NC real estate market over the past month and year.

That information includes numbers for new listings, closed sales, sales prices, volume, days on market, and inventory of homes for sale, comparing the figures for November 2019 and November 2018 one year ago.

As indicated in the table below, listing volume was down slightly from a year ago, while closed sales and median sales price were both up between 3 and 4 percent. The inventory of homes for sale was down between 10 and 15 percent from a year ago, depending on the method of measurement.

Year to date – median sales prices for existing homes were up about 4.5 percent versus 2018.

triangle nc real estate market update november 2019
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