residential
SALES TRENDs
Realtor® Reflections revised the explanation for Days On
Market (DOM) and added a new chart and explanation
for List to Close in 2009. Reflections also added a new
feature to the Sales Trends pages, “County Spotlight,”
which tracks average sales price and closing data for each
of the counties in the Carolina Multiple Listing Services,
Inc. (CMLS) 10-county service area. Prior to October
2009, Reflections included a total Active Listings figure,
which included “Contingent,” “Conditional,” “Active”
and “Pending” listings. Starting with November 2009,
the On-Market Listing figure includes “Contingent,”
“Conditional” and “Active” listings only. Reflections always
seeks reader comments and ideas. Please contact
Natalia Russo at natalia.russo@carolinahome.com if you
would like different data charted in this section.
List to close
Of reported home sales that closed from
April 6, 2010 through May 5, 2010, 44
percent closed in 121 days or more; 14
percent closed between 91 and 120 days;
19 percent closed between 61 and 90 days;
and 23 percent closed in 60 days or fewer.
Percentages are rounded to reflect 100
percent. Average list to close: 147.7
90
418
978
428
306
0-30 91-120
31-60 121+
61-90
Listing and Sales Prices (April 6, 2010
through May 5, 2010) The average listing
price of solds was $225,108. The average
sales price was $201,410.
B realtor® reflections April 2010 Sales Trends
Residential contracts reported
1,000 1,500 2,000 2,500 3,000
F 1,712
M 2,028
A 2,269
M 2,350
J 2,167
J 2,341
A 2,434
S 2,199
O 2,400
N 1,645
D 1,466
2009
J 1,833
2010
F 1,954
M 2,498
A 2,988
Contracts reported from April 6, 2010 through May 5, 2010 increased 31.7 percent
over the same period a year ago..
Residential closings reported
1,000 1,500 2,000 2,500 3,000
F 1,348
M 1,671
A 1,773
M 1,912
J 2,024
J 2,223
A 2,221
S 1,945
O 2,210
N 2,000
D 1,527
J 1,363
2009
F 1,397
2010
M 1,900
A 2,220
Closings reported from April 2010 through Jan.
Dec. 6, 2008 May 5, 2010 decreased
increased 25.2
47.2 percent
percent
when compared to the same period a year ago.
 Additional market activity data is available for April 2010
members at www.Carolinarealtors.com.

Average residential closing price Mortgage rates

$175K $200K $225K

F $182,865 5.50
M $191,433

5.42
A $201,352
M $199,243 5.25

5.25
J $218,728
J $212,977

5.14
5.14
A $209,245

5.04

5.06
5.00

5.05
5.03
S $196,760

4.91

4.98

4.99
O $196,204
N $195,244
4.75

4.78

4.78
D $211,705
J $200,592
F $191,288
2009 4.50
M $197,564
A M J J A S O N D J F M A
A $201,410 2010
2009 2010
The average closing price from April 6, 2010 through May 5, 2010 increased
less than 1 percent when compared to the same period a year ago. Source: Freddie Mac, Primary Mortgage Market Survey, 30-Year Fixed Mortgage Rate, compilation of Weekly Surveys

CMLS listings by price range

CLOSED On Market

100 200 300 400 500 600 700 800 1,000 2,000 3,000 4,000 5,000 6,000

< $120K 710 < $120K 5,617

$120K-150K 366 $120K-150K 3,120

$150K-190K 336 $150K-190K 3,577

$190K-250K 324 $190K-250K 3,879

$250K-350K 237 $250K-350K 3,688

$350K-500K 121 $350K-500K 2,820

$500K-1M 103 $500K-1M 2,383

$1 Million + 23 $1 Million + 801

TOTAL CLOSED: 2,220 TOTAL ON MARKET: 25,885

April 2010 Sales Trends realtor® reflections C

 Additional market activity data is available for
members at www.Carolinarealtors.com.

Days on market

Of reported home sales that closed from April 6, 2010 through May 5, 2010, 36 percent came under contract in 121 days or
more; 9 percent came under contract between 91 and 120 days; 15 percent came under contract between 61 and 90 days;
and 40 percent came under contract in 60 days or fewer. Percentages are rounded to reflect 100 percent.
Average days on market: 122

484
0-30

31-60
807
61-90 Data on these pages comes from Carolina Multiple
Listing Services, Inc. The information may be
91-120 395 subject to errors and should be verified by the
user. Additional market activity data is available
121+
for members at www.Carolinarealtors.com.
This information/data is for counties in the CMLS
209 325 service area, but the CMLS information/Data also
includes listings outside the service area, which
CE-RR-HalfPg4C.pdf 5/7/09 2:30:15 PM are included in the compilations.

GREATER KNOWLEDGE
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D realtor® reflections April 2010 Sales Trends