New Bern, NC: Brices Creek Market Report 3/25/2008
By Homer Ray, Eastern NC Homes
(Eastern NC Homes)
Currently there is a thirteen(+) month supply of houses on the market in this area. The average list price over the past 6 months was $271,112 and the average sale price was $265,112. The average days on the market was 142 days. The average number of houses sold in the past 6 months was 11.5 per month. As of March 6, 2008 there were 158 houses for sale in this area. The biggest amount of inventory is in the $200k-$249,999k with 68 properties. The second largest pool of inventory is the $250,000k-$299,999K range with 29 properties. Under 200k the inventory is very tight at this time. In February 2008 seven homes sold as compared with eighteen in February 2007. The average days on the market for properties sold in February 2008 was 185 compared to 128 for February 2007. It's a buyers...
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