March 2015 Durham, NC Housing Market Data

Find Historical Durham, NC Housing Market Data here.

Below you will find a chart that shows the housing market data for Durham, NC in the moth of March 2015:

 

In a similiar fashion to Chapel Hill, Durham, NC saw a jumped in closed sales. Durham increased to 328 closed sales compared to 274 during the same month in 2014. This brough total closed sales up to 724 for the year which is a 4.9% increase compared to the same time period in 2014. This has been common across many of the town and cities in central North Carolina. The median sales price for a home in Durham, NC increased to $185,000 in March 2015 which is up 8.8% from a year ago. When looking at historical charts of the median sales price for a home in Durham, NC we are not in all time high territories. The median sales price in Durham is up to $215,205. In the early part of 2012 home prices bottomed in Durham but have since been on a steady uptrend. You will see that in the chart below:

 

If you are looking to buy or sell a home in Durham, North Carolina please reach out to Real Estate Experts today. We have a professional staff that can help you find the home you are looking for or sell your home at the correct price.