Friday, December 5, 2008

Market Analysis 2007 / 2008

Vic Kaspar, Lead Broker at Kaspar Team, RE/MAX Executives, presents real estate and current market analysis from Birch Appraisals (Market Update)

Inventory and List Prices
October inventory increased 12% compared to 10/07 and the average list price was flat at $362,000.

Each of the main counties in the Triangle has seen houses sell for more than prior purchase on average. These rates are calculated by comparing the two most recent sales prices of the same house and should not be confused with the rise or fall of the average sales price in a given area.

See the full link from Burch Appraisals: http://www.kasparteam.com/files/49869/BirchUpdate1008.pdf

Contact Vic Kaspar, Lead Broker, Kaspar Team, ReMax Executives 919-609-6999 Vic@KasparTeam.com

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