While 2008 has been a very challenging year for real estate and our economy, Eastern North Carolina continues to be a favorite place for relocation, retirees and second homes. For most of our out-of-state buyers, their biggest concern is selling their current home first.
Total Number of Homes Sold in 2008 was 1457, which is down 26% from 2007.
Total Days on the Market (average) went from 102 in 2007 to 151 in 2008.
While the "average" sales price for the entire MLS was +3%, several neighborhoods and areas have experienced depreciating prices.
We have a large inventory of properties on the market for sale, so it's definitely a Buyer's Market here!
View ALL New Bern Listings here! Or, contact our team
Dianne and Team
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