January’s numbers have been released for Craven County’s residential market and results and the market haven’t changed that much.
Time will tell as we head into a new year with a new president at the helm of the nation. There were also fewer active and pending listings compared to last year.
The monthly report provided by Michael Raines, broker owner of CENTURY 21 Zaytoun-Raines shows the following: The average list price for a home as of January is $292,984 an 18% increase from 2020’s price of $247,984. The average sale price was $219,718 as opposed to $167,833 last year; an increase of almost 40%.
The new year the housing market remains good and was one vital industry that did well during a year fraught with a global pandemic. Changes in the current sellers market are not foreseen to undergo anything radical.
Total sold for December were 235. This time in 2019 167 were sold for a 40.7% increase. Year to date for 2020 was 2215 and 1978 in 2019 for a difference of 12%.
A housing market residential report for Craven County provided by Michael G. Raines, broker/owner of CENTURY 21 Zaytoun-Raines, broke down housing data for the end of December. The next report will be available in February, according to Raines.
The average list price for a home as of Dec. 20 was $302,299 compared to $252,197, a 19.87% change since 2019. Houses sold for this price range were 16 vs. 10 in 2019 – a 60% increase. The year-to-date average list price was $233,261 up from $211,360 – 10.36% since 2019. Total homes for that range sold year to date were 129 up from 69 in 2019, which was an 87% increa