Existing home sales strong throughout state, Triad
The N.C. Association of Realtors reported today that existing home sales in the state stayed steady in February and actually were up 17-percent month-over-month compared to that time last year.
The association reported that 9,354 existing homes sold in February, compared to 8,399 in January of this year and 7,981 during February 2005. Total sales dollars for February were a little more than $1.8 billion, with the average existing home sales price - about $195,000 - up 1 percent over January.
Statewide sales for the first two months of this year, the association reported, are up 15 percent over the same period last year.
Predictably, the strongest home sales continue to take place in the mountains and coastal regions of the state, with Brevard, Goldsboro and Greenville leading the pack.
The Triad saw a 20 percent increase in sales of existing homes from January to February and posted a 13 percent increase in sales compared to February 2005. The average home price in the area was up 3 percent over February 2005, and total sales dollars for February were up 16 percent here compared to the same month last year, according to the association's detailed report.
The average sales price for existing homes here in February was $163,063, and total sales clocked in at more than $187 million.
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