MyGoldsboroAgent.com and MyTriangleAgent.com worked very hard last year marketing client's homes last year to make them sell. I can definitely tell you that the market was "soft" in 2006. The NC REALTOR statistics have been released and they show a 2% drop in housing sales in 2006 from 2005. The Triangle fared a little better with a 5% increase....their statistic included new construction sales, however. These statistics seem very accurate according to our experience.
Although the market was "soft", Goldsboro/Wayne County saw it's typical 5%, historically solid, price increases which is very good for a smaller market (in comparison to the Triangle). The Triangle also showed a 5% increase but this is considered very low in comparison to recent gains.
Be thankful if you are not selling a home in coastal region. The number of home sales for 2006 dropped as much as 47%. If you do, your home may still be sitting with a sign in the yard right now. I do feel it will turn around, as almost all areas showed price increases, that I believe, show it is still a healthy market.
Link to Full Statistics
Tuesday, January 23, 2007
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