March Existing Home Sales Improve Over February
Release date: 04/25/08
(Greensboro)—North Carolina existing home sales continued to show signs of improvement compared to the previous month with a 15 percent increase in both total units sold and total dollar sales. Existing home sales remained low when compared to the previous year, however, with a 25 percent decrease in percentage of units sold.
According to statistics compiled by the North Carolina Association of REALTORS®, 8,549 units were sold in March. Total sales dollars for the month were $1,805,431,241 and the average existing home sales price was down 3 percent to $211,186 compared to March 2007
Once again, Brunswick County and Wilson posted the highest year-to-date sales growth with a 12 percent and 6 percent increase. Washington-Beaufort continued to lead the state with the largest appreciation at 37 percent followed by Wilmington, Greenville and Fayetteville with a 30 percent, 8 percent and 7 percent increase, respectively.
For detailed information, visit the market statistics area of the NC REALTORS®
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