The Chapel Hill Real Estate market is doing well. As of the end of November: Visit Team Jodi for more information.
• Closed sales are down 12%. This is actually a great number since this time last year sales were down close to 25%.
• Median prices are up 3%.
• Average prices are down .5%
• Days on market increased from 81 to 97.
I am happy to report that sales are down less and that prices are holding their own. Yes, it is talking a little longer to get homes sold but the great news is that they are selling. I only expect things to get better in the coming months.
Don’t forget to make www.teamjodi.com a favorite so that you can see monthly updates on the Chapel Hill real estate market.
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