N.C. existing home sales slip in November
Sales of existing homes in the state fell 4 percent last month compared to November of 2005, the N.C. Association of Realtors reported today. November sales also were down 11 percent compared to October of this year.
But existing home sales growth remains positive year-to-date, up 4 percent over the first 11 months of 2005. Nearly 130,000 existing homes have sold in the state this year, compared to 125,299 during the first 11 months of last year.
Last month, 10,073 homes sold, compared to 10,543 in November 2005. The average sales price in November of this year was $217,615, up from $214,718 during the same month last year. Total sales dollars last month came to $2.26 billion.
The average sales price, year-to-date, is $214,504, up from $201,432 during the first 11 months of last year. Total sales dollars for the year, through November, are above $26.36 billion.