Triangle Area 2016 Year-End Market Update

As Raleigh and Cary homeowners, there are local, national, and global forces affecting our real estate market.

In 2016, our local market made some strong gains. Values climbed at a healthy rate, and mortgage rates hit historic lows.

Median sale price is up 17% compared to 2013. Average days on market are down 44%, at 42 in Q4 2016 from 74 three years ago, indicating the robust demand for homes. With the competitive 2016 market, homes sold quickly, and many went over asking price, making it overall a seller’s market.

January is already off to a robust start…but what can we expect for 2017? See my analysis below.

If you are thinking about selling your home in the next 12 months, call me today for your strategic marketing consultation ➔ 919-390-6211

We will cover your goals, and my unique approach to getting you the highest possible price in the fewest days on market.

To your success in 2017!

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