Saturday, October 03, 2009

New Bern NC Home Sales




The Eastern NC Multiple Listing Service includes all of Craven County, all of Pamlico County and a small part of Newport which is in Carteret County. Last week 25 homes closed in the entire MLS.


This equates to about a 14 month supply of homes for sale. A real estate market is considered to be stable with a 6 month supply. So unless you have a special home in a very desirable location and you have it priced to sell it is going to take some time to sell.


If you are trying to sell your home in today's market I strongly recommend picking an experienced Realtor and asking that they be upfront with you about price. A Realtor that buys your listing by telling you your home is worth more in today's market than it is, with hopes of convincing you to reduce the price later, is someone you do not want to market your property.
So, if you have to sell now, call the Tyson Group, pictured above, for an honest opinion on what your home will bring in today's market.
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