Friends,
The November stats came out for the Carolina MLS the other day. Pending sales were UP 12.8% over last November and Closings were UP also - +8.7% over November, 2010. The not so great news was that the average closed price was down 10.3%. This has been the story for the past 6 months - unit sales up but the value of those sales continues to slide.
The average price of the homes closed through the Carolina MLS is down 3.7% for the year so far. Let's hope the New Year sees the latter number leveling out and on the way to a more balanced market.
Blessings,
Robert
Robert Dulin, CRS
704-661-3173
Keller Williams Realty



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