Realty Times - Durham, North Carolina Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > North Carolina > Durham

Market Conditions Summary for Durham, North Carolina

Reported by

Rick Freeman
as of 11/21/2008:

Durham, NC is a part of the Raleigh/Durham market, comprised of Wake, Durham, Orange and Johnston counties. There are 23% more homes on the market now as compared to this time in 2006; new homes inventory increased by 21% over last year's levels. As... MORE->
About Rick Freeman

Reported by

Lisa Lundy
as of 11/16/2008:

Durham is located in the "heart" of North Carolina and is a wonderful place to live, work, and play! Whether you are new to the area or someone who has been here for a lifetime, Durham offers an outstanding quality of life that is the envy of many.... MORE->
About Lisa Lundy

Reported by

Tracy Santrock
as of 11/16/2008:

Durham has always been a bargain compared to the rest of the Triangle. Durham is still a lot less expensive than the rest of the Triangle and with the increase in inventory Durham prices are still a bargain. Through August of 2008 the average list... MORE->
About Tracy Santrock

Reported by

Larry Pulley
as of 11/13/2008:

Durham, called the City of Medicine, is the home of Duke University, the American Dance Festival, the Durham Bulls AAA baseball team, and Research Triangle Park (RTP), one of the world's best known business and research campuses. Many of the best... MORE->
About Larry Pulley

Reported by
Vickie Healey
as of 9/15/2008:

Southwest Durham is attracting strong interest from buyers, consistent with previous markets. Properties in good condition and reasonably priced continue to show appreciation in southwest... MORE->
About Vickie Healey

Average Current Market Rating: 2 (5 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.8 (5 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > North Carolina > Durham

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

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