Through March 27, 2010 there have been 218 home sales in the New Bern, Havelock, Oriental, areas. This compares to 232 sold in the same time frame as 2009. This represents about a 6% dip in sales thus far this year.
There are currently 215 new homes for sale. During the last 6 months 98 new homes were sold, equating to about a 13 month inventory of new homes for sale. Some price points are selling pretty good, others not so good so it is important for builders to do their homework before building a spec house.