Tuesday, July 30, 2013

Steve Tyson’s Real Estate Update for 4 neighborhoods.

Neuse Harbour
 Active homes for sale by price range
Current number of homes on the market=10
Pending sales=2
Active homes for sale by price range
$234,000=1
$309,000-$379,000=2
$595,000-$680,000=4
$,799,000-$979,000=3
There were 9 home that sold and closed in Neuse Harbour in the last 12 months.
The most expensive house sold was $295,000.

Stately Pines
Current homes on the market=6
Pending sales=1
Active homes for sale by price range
$140,000-$200,000=5
$635,000=2
There were 5 homes that sold and closed in Stately Pines in the last 12 months. The most expensive house sold was $251,000.
Carolina Pines
Current homes on the market=25
Pending sales=2
Active homes for sale by price range
$89,000-$150,000=5
$159,000-$200,000=8
$207,000-$258,000=12
There were 17 homes that sold and closed in Carolina Pines in the last 12 months. The highest priced home sold was $279,000.

Tucker Creek
Current homes on the market=10
Pending sales=3
Active homes for sale by price range
$100,000-$200,000=7
$220,000-$260,000=6

There were 8 homes that sold and closed in Tucker Creek in the last 12 months. The highest priced home sold was $224,000.
Total homes sold January 1-July-29  2010=755
Total homes sold January 1- July-29  . 2011=745
Total homes sold January 1- July-29  2012=743
Total homes sold January 1- July-29  2013=838-
Note, of the 838 homes sold 188 of them were Bank Owned.
There are currently 1538 homes listed for sale in our multiple listing service. We are selling homes at a rate of about 122 a month. A buyers market is defined as more than 6 months of home inventory. It is definitely a buyer’s market as we currently have about 12 months worth of inventory. With that said each neighborhood and price range is unique
Feel free to call or email me if you would like to have a customized absorption rate or a Comparable Market Analysis for your property. Home sales in each neighborhood can vary greatly.


                                       
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