Georgian Triangle Real Estate Market Report – January 2018
Click on the links below to see the full report for January 2018.
Key Highlights:
SECOND-BEST EVER JANUARY VOLUME OF $49,298,855
Down 6% from 2017’s record $52,530,056, but with units of 108 up 7% from 2017’s 101.
New listings of 175 up 11% from a year ago, with the sales/listings ratio of 62% down 2%.
UNIT SALES UP IN ALL BUT TWO PRICE SEGMENTS
The Under-$100K, $300K-$499K, $500K-$799K, $800K-$999K and $1M-$1.499M segments were up 300%, 9%, 12%, 75% and 25% respectively; the high volume $100K-$299K segment was down 8%, while the $1.5M+ segment was down 400%.
AVERAGE SALE PRICE OF $456,471
Down 12% from January 2017’s $520,099, though the drop likely re ects the speci c homes
sold as much as any general market depreciation. Average days-on-market of 68 down 1 week.
