Johnston County North Carolina, Real Estate Market Update
October 2011
There were 231 new listings added in October and 133 homes sold this is up more than 18% over the number of homes sold in Johnston County in 2010.
The Median sales price was $158,000 and the Average sales price was $165,023. The days on market went from 109 in 2010 to 132 in 2011.
How important is it to price your house for sale correctly? Take a look at these figures the percentage of ORIGINALlist price received was 93.6% while the percentage of list price received was 96.8%! This means that homes are going on the market priced too high, sitting for a while before the price gets lowered, and then they sell for that price, so the homes that are priced correctly get closer to the list price.
How does this affect how your house sells? Homes priced above market or even at market price these days are regularly passed over by potential buyers who are looking for a deal or in most cases these days a STEAL!! they see it make a mental note of it being too high and then when the price is dropped they already have a negative feeling towards the house!
Price them to sell!!!!
The inventory of homes available is 1,391, down from 2010 when it was 1,649
October 2011
There were 231 new listings added in October and 133 homes sold this is up more than 18% over the number of homes sold in Johnston County in 2010.
The Median sales price was $158,000 and the Average sales price was $165,023. The days on market went from 109 in 2010 to 132 in 2011.
How important is it to price your house for sale correctly? Take a look at these figures the percentage of ORIGINALlist price received was 93.6% while the percentage of list price received was 96.8%! This means that homes are going on the market priced too high, sitting for a while before the price gets lowered, and then they sell for that price, so the homes that are priced correctly get closer to the list price.
How does this affect how your house sells? Homes priced above market or even at market price these days are regularly passed over by potential buyers who are looking for a deal or in most cases these days a STEAL!! they see it make a mental note of it being too high and then when the price is dropped they already have a negative feeling towards the house!
Price them to sell!!!!
The inventory of homes available is 1,391, down from 2010 when it was 1,649
