Thursday, September 21, 2006

Triangle NC real estate is stable

The North Carolina Association of Realtors just released the home sales statistics for the month of August and it looks like we don't have any bubble trouble here.

August 05 - August 06 sales were up 1%
August 05 - August 06 average price went up 6% (now $230,959)

At the beach, however, many areas are down in units and volume. I am happy to see Carteret County still up 6% in the average home price category. Anyone want to buy a share of my beach condo? :)

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