Brunswick County, highest year-to-date sales growth in North Carolina in 2008
PRESS RELEASE/Feature Opportunity
For Immediate Release Contact: Barbara Mathis
May 29, 2008 Communications Specialist
800-443-9956 bmathis@ncrealtors.org
N.C. Existing Home Sales Slow in April
(Greensboro)— North Carolina existing home sales remained low in April with a 23 percent decrease in percentage of units sold compared to the previous year. April home sales were similar to March with a 1 percent increase in both units sold and total dollar sales compared to the previous month.
According to statistics compiled by the North Carolina Association of REALTORS®, 8,565 units were sold in April. Total sales dollars for the month were $1,821,113,868 and the average existing home sales price was down 3 percent to $212,623 compared to April 2007.
“Given the mortgage situation and increase in foreclosures, plus the rising costs of gas and food, these numbers aren’t surprising,” said Kevin Brafford, director of communications for the NC Association of REALTORS®. “The economy and the real estate market always have gone hand in hand, and that again is holding true.”
Brunswick County posted the highest year-to-date sales growth with an impressive 10 percent increase in total dollar sales. Washington-Beaufort led the state with the largest appreciation at 36 percent followed by Goldsboro and Fayetteville with a 9 percent and 8 percent increase, respectively.
Brunswick County posted the highest year-to-date sales growth with an impressive 10 percent increase in total dollar sales. Washington-Beaufort led the state with the largest appreciation at 36 percent followed by Goldsboro and Fayetteville with a 9 percent and 8 percent increase, respectively.
For detailed information, visit the market statistics area of the NC REALTORS® Web site at http://www.ncrealtors.com/uploads/April08.pdf
All figures are based on information provided by participating Multiple Listing Services as of
press time, which include Carolina Multiple Listing Service (Charlotte), Triad Multiple Listing Service and the Triangle Multiple Listing Service. For more info, contact the MLS or reporting board directly. Please attribute statistics to the MLS or board for the local area being reported on.
press time, which include Carolina Multiple Listing Service (Charlotte), Triad Multiple Listing Service and the Triangle Multiple Listing Service. For more info, contact the MLS or reporting board directly. Please attribute statistics to the MLS or board for the local area being reported on.
With more than 44,000 members, the North Carolina Association of REALTORS® is the voice of the real estate profession and one of the largest, most influential associations in North Carolina.
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