Today I’m sharing an update on the Johnston County real estate market. It’s been a wild year, but I wanted to provide great news about our market. Here are the numbers from this time in 2019 compared with what we’re seeing today, and the percentage of increase:
This time in 2019 | Today | Percentage of change
- Units for sale: 3,039 | 3,067 | 0.9% increase
- Closed sales: 2,426 | 2,565 | 5.7% increase
- Average sale price: $232,500 | $247,900 | 6.6% increase
- Percentage of list price: 99.2% | 99.4% | 0.2% increase
- Days on market: 31 | 30
These numbers indicate a very strong, favorable seller’s market. Our market is powering through these bizarre times. If you’re considering selling, we’d love to hear from you. It may be the best time to maximize the value of your home. As indicated in the numbers above, prices are increasing and buyers are buying.
If you’re thinking about selling or have any questions concerning real estate, give us a call or send an email. We would be glad to speak with you.