June Sales Report

The statistics are just in from the Georgian Triangle Real Estate Board and the news is certainly encouraging and a sign of the market recovery.  2008 June sales totalled $43,715,345 and 2009 figures have topped that to reach $50,660,918.  While the year to date figures are still lagging because of the dramatically slower sales of Jan, Feb and March this is now 3 months in a row that have shown steady recovery.  The sales to listing ratio is now at 39.77 percent which is approaching a balanced market.  My advice for sellers is to price reasonably and your property will sell within a reasonable amount of time.  My advice for buyers is to buy soon, there is a good selection in most price ranges and interest rates are low, but we don't know for how much longer.  Don't miss the opportunities that are available.

Betty Hancey

Betty Hancey

Sales Representative
CENTURY 21 Millennium Inc., Brokerage*
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