Today, we’re updating Triangle real estate sales figures and answering the “how hot will summer sales be in Raleigh-Durham” question. In an earlier blog post, I reported that there were 2,083 home closings in May for Durham, Johnston, Orange and Wake counties, up 26 percent over the same period last year, according to the Triangle Multiple Listing Service. Well the numbers are in for July and sales, unlike the outdoor temperatures, have cooled with only 1,354 closings for the month, which is a 35% dive over a two-month period. That’s also down 35% from the same period last year as closings in July 2009 in the same four counties numbered 2,052.
Get my full story, Hot NONE In the Summertime…Real Estate Sales on Vacation, online. Find more timely statistics on Raleigh Durham and search the great Raleigh homes for sale and buyer’s market incentives on Raleigh real estate at www.HomeSearchRALEIGH.com.
It’s more value-added information from your Raleigh realtor, Rick Freeman and the Freeman/Davis Home Team.