Inside the Beltline Real Estate Update January 2013
Inside the Beltline, Raleigh NC - UNDER CONTRACT
The Raleigh housing market saw modest improvements in 2012 and 2013 looks even better! Seventy one homes Inside the Beltline in Raleigh went under contract in January 2013. While at the same time last year only thirty-two homes sold. This is a 122% increase in the number of homes under contract Inside the Beltline. Buyers are taking advantage of the low interest rates and feel confident about the improvement in the US economy.
We charted out the statistics for homes under contract Inside the Beltline in Raleigh. Click to view a larger chart.
The number of for sale properties Inside the Beltline is down 22% from January 2012 to this year. Meanwhile the number of sold properties is up 187%. Real estate Inside the Beltline in Raleigh is a hot product. Raleigh home sellers should see these numbers and feel confident about listing and selling their home this spring.
We charted out the supply and demand for homes Inside the Beltline. Click to view chart.
**Information deemed reliable but not guaranteed. All statistics are from the Triangle MLS.