Home Sales Data – February 25, 2013
These statistics and data were JUST released from the US Department of HUD. It appears the good feeling local Realtors have been abuzz about are translating into hard statistics as well!
If you are a statistic junkie that craves local real estate market information this will bring a smile to your face… if you are not fond of statistics just call us, we’ll be happy to turn this mumbo jumbo into sense!
Sales of new single-family houses in January 2013 were at a seasonally adjusted annual rate of 437,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 15.6 percent (±18.9%)* above the revised December rate of 378,000 and is 28.9 percent (±21.7%) above the January 2012 estimate of 339,000.
The median sales price of new houses sold in January 2013 was $226,400; the average sales price was $286,300. The seasonally adjusted estimate of new houses for sale at the end of January was 150,000. This represents a supply of 4.1 months at the current sales rate.
Again, we are only a phone call away – reach out to us and we’ll be happy to share detailed information about how these statistics are helping homeowner’s all over the Triangle! Better yet when we speak I will gather the basic information needed to do a detailed analysis of YOUR home’s value!
Yours to Count On,
Tom & Erika Madsen
The Madsen Team ~ Our Trademark is Communication
Associate Broker/Realtor ®, CDPE, CLHMS
Coldwell Banker ~ Howard Perry & Walston
(919) 467-1882 office
(919) 520-6612 cell
(919) 653-4821 fax
