Durham Real Estate Trends & Statistics

Durham Median List Price

$175,000

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Durham Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	1,220	1,274	4%	1,560	22%
Median List Price	$175,000	$174,900		$174,000	1%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	2%		3%
Median DOM	68	58	17%	76	11%
Median House Size	1,719	1,681	2%	1,760	2%
Median $/Sqft	$101/sqft	$100/sqft	1%	$99/sqft	2%

	Today	1 Month Ago		1 Year Ago
Total Inventory	949	968	2%	1,295	27%
Median List Price	$194,900	$189,000	3%	$184,500	6%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	2%		3%
Median DOM	65	55	18%	77	16%
Median House Size	1,932	1,902	2%	1,902	2%
Median $/Sqft	$101/sqft	$99/sqft	2%	$99/sqft	2%

	Today	1 Month Ago		1 Year Ago
Total Inventory	271	306	11%	265	2%
Median List Price	$141,000	$142,000	1%	$143,000	1%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	1%	1%		3%
Median DOM	79	62	27%	71	11%
Median House Size	1,380	1,377		1,453	5%
Median $/Sqft	$102/sqft	$103/sqft	1%	$98/sqft	4%

Durham Market Data

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	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	270	194	120	209	196	203	303
New Listings	345	268	171	365	456	566	552
Sold/Expired	399	409	376	460	365	519	601

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	211	162	101	170	154	167	239
New Listings	290	224	143	283	363	460	458
Sold/Expired	346	333	311	390	302	444	491

	10/12	11/12	12/12	1/13	2/13	3/13	4/13
Price Reductions	59	32	19	39	42	36	64
New Listings	55	44	28	82	93	106	94
Sold/Expired	53	76	65	70	63	75	110

Durham, North Carolina real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Durham homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Durham. Movoto is your comprehensive source for Durham property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Durham, NC Market Overview

Inventory: 1,220 Recently Sold: 601 New Listings: 552 Distressed: 1

Durham's home resale inventories decreased slightly, with a 4 percent decrease since April 2013. Distressed properties such as foreclosures and short sales decreased as a percentage of the total market in May. The median listing price in Durham stayed the same from April to May. There were a total of 61 price increases and 303 price decreases.

Updated: 05/01/2013

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Nearby Homes for Sale

143 Booth Meadow Ln, Durham, NC