Durham Homes For Sales - November 2008 Market Snapshot from Team Jodi
Tuesday, December 16, 2008
Durham North Carolina Home Sales -- November 2008 Market Snapshot
| Durham County | November 2007 | November 2008 | % Change |
| Number of detached sales | 218 | 131 | -39.91% |
| Number of condo sales | 11 | 5 | -54.55% |
| Number of townhouse sales | 31 | 17 | -45.16% |
| Number of new construction sales | 63 | 36 | -42.86% |
| Number of re-sales | 197 | 117 | -40.61% |
| Average detached sales price | $205,163 | $198,161 | -3.41% |
| Average condo sales price | $120,525 | $141,535 | +17.43% |
| Average townhouse sales price | $173,527 | $133,473 | -23.08% |
| Average new construction sales price | $283,405 | $247,477 | -12.68% |
| Average re-sales price | $170,437 | $171,168 | +0.43% |
| High Sale price detached | $925,000 | $519,485 | -43.84% |
| High Sale price condo | $320,000 | $235,833 | -26.30% |
| High Sale price townhouse | $301,919 | $195,000 | -35.41% |
| High Sale price new construction | $760,000 | $519,485 | -31.65% |
| High Sale price re-sale | $925,000 | $450,000 | -94.59% |
| Average Sales Price for ethe entire area | $197,810 | $189,123 | -4.39% |
| Average List price for New Construction | $294,188 | $250,914 | -14.71% |
| Average List price for Re-sale | $176,309 | $178,005 | +0.96% |
| Average List price for the entire area | $204,872 | $195,160 | -4.74% |
Contact Jodi Bakst, Broker, CRS, GRI, ABR, Certified Distressed Property Expert, and Certified Luxury Home Specialist in Chapel Hill, NC at 1-88-TeamJodi (888-326-5634) to list your property for sale or to purchase a property in Chapel Hill, Carrboro, Durham, Hillsborough, Pittsboro or Orange, Durham or Chatham County North Carolina. Team Jodi is accepting referrals.
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If you are looking to list your home in Chapel Hill, Carrboro, Orange or Durham County North Carolina, call Team Jodi toll free at 88-TeamJodi (888-326-5634), email us at Jodi@TeamJodi.com or visit us at www.TeamJodi.com.
