The Triangle MLS Report for Orange County for August 2011 has been released, and shows an increase in closings and a decrease in the number of homes available for sale.
August 2010 - 109 Closed Sales in Orange CountyAugust 2011 - 113 Closed Sales in Orange County
3.7% Increase in Closed Sales in Orange County
New listings are down significantly, which means there are fewer homes for sale to select from.
August 2010 - 182 New Listings in Orange County
August 2011 - 148 New Listings in Orange County
18.7% DECREASE in New Listings Available in Orange County
Average Percent of Original List Price Received in August was 94.4%, versus 96% in August 2010.
The total inventory of homes for sale is also down significantly - the inventory of available homes in Orange County was 16.8% lower in August 2011 than in August 2010.
Considering buying a new home in Orange County (Chapel Hill, Hillsborough) NC? Get started here:
Orange County NC is located between Alamance County and Durham County, above Chatham County.
Orange County encompasses Hillsborough, Chapel Hill, and Carrboro.
Attractions in the Orange County area include Occoneechee Mountain State Natural Area, Montrose Gardens, Ayr Mount Historic Site, Jordan Lake, UNC Chapel Hill, and Morehead Planetarium.
Nearby towns and cities include Durham and Pittsboro.
Stanton Homes brings you the latest in new home communities, home building trends and tips, Raleigh/Durham area relocation information, and much more!
Orange County New Home Communities
Orange County NC Property Tax Rates 2011
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Stanton Homes is a renowned new home builder in the Raleigh/Triangle area - with extras in every home like signature archways and unique trey ceilings. Free cost estimates and lot inspections.
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