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Jan 12 2010

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Lee

Chapel Hill

Posted at 4:23 pm under Blogroll, Community, Issues, Other

The Chapel Hill Real Estate market is doing well.  Information provided by Team Jodi .
•    Closed sales are down 12%.  This is actually a great number since this time last year sales were down close to 25%.
•    Median prices are up 3%.
•    Average prices are down .5%
•    Days on market increased from 81 to 97.
I am happy to report that sales are down less and that prices are holding their own.  Yes, it is talking a little longer to get homes sold but the great news is that they are selling.  I only expect things to get better in the coming months.
Don’t forget to make www.teamjodi.com a favorite so that you can see monthly updates on the Chapel Hill real estate market.

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