Here’s some good news! Sales of existing homes in North Carolina stabilized in December after a dramatic drop in November, according to figures released Tuesday.
Statewide, 5,100 homes sold last month, which was a 3 percent increase over the 4,959 that sold the preceding month, according to the North Carolina Association of Realtors. November’s sales were down 22 percent from October.
Still, existing home sales remain relatively weak, the group reported. Last month’s sales were down 38 percent from December 2007, but the median sales price was off by only 8 percent, from $217,727 to $201,255.
In the Triangle, sales remained soft. Last month, 1,089 existing homes sold, down 8 percent from November and 47 percent from December 2007. The median sales price was flat from a year ago, at $236,888.
The number of people searching the website Realtor.com increased significantly. 18.2% more people searched the website in December of 2008 when compared with December of 2007. On the Triangle’s premiere home search site, www.HomeSearchRALEIGH.com, online traffic is up by 20% in most days in January 2009 when compared with December 2008.
When you’re ready for your home search to begin, register for our Personal Home Shopper Service – Custom Search and have homes delivered to your email box. As always, you can visit www.FreemanDavisHomeTeam.com for more information and for the latest listings.
December 2008 Year-Over-2007 Year Searches on Realtor.com
| MSA | Y/Y % Change |
| Fort Myers-Cape Coral, FL | 106.10% |
| Naples, FL | 103.40% |
| Las Vegas, NV-AZ(NV) | 89.60% |
| Stockton-Lodi, CA | 88.70% |
| Riverside-San Bernardino, CA | 88.30% |
| Miami, FL | 86.00% |
| Oakland, CA | 74.60% |
| Fresno, CA | 74.20% |
| Los Angeles-Long Beach, CA | 71.40% |
| Phoenix-Mesa, AZ | 70.00% |
| Sarasota-Bradenton, FL | 66.60% |
| San Jose, CA | 65.20% |
| Punta Gorda, FL | 64.10% |
| Fort Lauderdale, FL | 63.00% |
| Fort Pierce-Port St. Lucie, FL | 58.90% |
| San Diego, CA | 57.90% |
| Sacramento, CA | 57.80% |
| Melbourne-Titusville-Palm Bay, FL | 56.70% |
| Bakersfield, CA | 56.50% |
| Ventura, CA | 55.30% |
| Orange County, CA | 55.20% |
| Myrtle Beach, SC | 52.60% |
| Santa Barbara-Santa Maria-Lompoc, CA | 52.60% |
| Washington, DC-MD-VA-WV(DC) | 51.90% |
| Daytona Beach, FL | 51.70% |
| Detroit, MI | 51.10% |
| West Palm Beach-Boca Raton, FL | 49.80% |
| Tampa-St. Petersburg-Clearwater, FL | 47.90% |
| Orlando, FL | 47.70% |
| Central-FL-RSA | 43.20% |
| Washington, DC-MD-VA-WV(VA) | 42.90% |
| Lakeland-Winter Haven, FL | 42.20% |
| West-AZ-RSA | 40.80% |
| San Francisco, CA | 40.60% |
| Tucson, AZ | 39.10% |
| Ann Arbor, MI | 38.50% |
| Washington, DC-MD-VA-WV(MD) | 37.90% |
| Dallas, TX | 37.60% |
| Columbia, MO | 37.50% |
| Oklahoma City, OK | 37.20% |
| Columbus, OH | 36.10% |
| Atlanta, GA | 35.20% |
| Reno, NV | 34.60% |
| Fort Collins-Loveland, CO | 33.00% |
| Fort Worth-Arlington, TX | 32.90% |
| San Antonio, TX | 31.90% |
| Cleveland-Lorain-Elyria, OH | 31.70% |
| Kansas City, MO-KS(MO) | 31.30% |
| Pensacola, FL | 30.70% |
| Baltimore, MD | 30.40% |
| Baton Rouge, LA | 29.50% |
| Tallahassee, FL | 29.30% |
| Milwaukee-Waukesha, WI | 28.00% |
| Madison, WI | 28.00% |
| Ocala, FL | 26.90% |
| Akron, OH | 26.70% |
| Kansas City, MO-KS(KS) | 26.30% |
| Little Rock-North Little Rock, AR | 25.80% |
| Grand Rapids-Muskegon-Holland, MI | 25.60% |
| Santa Fe, NM | 25.30% |
| St. Louis, MO-IL(MO) | 24.80% |
| Boise City, ID | 24.50% |
| Honolulu, HI | 24.50% |
| Louisville, KY-IN(KY) | 24.40% |
| Jacksonville, FL | 24.20% |
| Chicago, IL | 23.70% |
| Peoria-Pekin, IL | 23.70% |
| Indianapolis, IN | 23.70% |
| Boulder-Longmont, CO | 22.80% |
| Shreveport-Bossier City, LA | 22.60% |
| Minneapolis-St. Paul, MN-WI(MN) | 22.60% |
| Portland-Vancouver, OR-WA(WA) | 22.50% |
| El Paso, TX | 22.40% |
| Dayton-Springfield, OH | 22.40% |
| Seattle-Bellevue-Everett, WA | 22.10% |
| Denver, CO | 21.80% |
| New York, NY | 21.40% |
| Chattanooga, TN-GA(TN) | 21.20% |
| South-SC-RSA | 20.70% |
| Cincinnati, OH-KY-IN(OH) | 20.60% |
| Tyler, TX | 19.90% |
| Gainesville, FL | 19.60% |
| Wilmington, NC | 19.20% |
| Pueblo, CO | 18.90% |
| Harrisburg-Lebanon-Carlisle, PA | 18.90% |
| Monmouth-Ocean, NJ | 18.60% |
| Tulsa, OK | 18.50% |
| Middlesex-Somerset-Hunterdon, NJ | 18.30% |
| Raleigh-Durham-Chapel Hill, NC | 18.20% |
| Philadelphia, PA-NJ(PA) | 18.10% |
| Portland, ME | 17.80% |
| Philadelphia, PA-NJ(NJ) | 17.30% |
| Fayetteville, NC | 16.60% |
| Birmingham, AL | 16.30% |
| Toledo, OH | 16.20% |
| Mobile, AL | 16.20% |
| Greenville-Spartanburg-Anderson, SC | 16.20% |