During the month of September buyers continued to have to enter multiple offer situations and use higher due diligence fees to win the contract, especially in homes under $225,000. Listing inventory is still very low, especially in property under $200,000 for all of 2019 according to MLS data. The amount of homes available from $250,000 to $300,000 is up a little bit this year over last.
The Numbers from Alamance MLS:
- Property Units Sold: 230
- Average Days on Market: 212
- Average list price to sale price ratio: 98.5%
Dudley Realty Group Numbers:
- Property Units Sold: 3
- Average Days on Market: 48
- Average list price to sale price ratio: 98.8%
*Each office is individually owned and operated.