New Bern Home Sales 2011

2011 Home Sales to date

Total Home Sales thru 4-30-2011=383
Of the 383 (78) were new construction
The average list price was $165,000
The average Sell price was $157,000

Nationally, according to trulia, 40% of home sales were bank owned or short sales. While we are seeing distressed sales in our market, I am guessing it is closer to 25-30%.

Last year through the same time period there were 356 homes sold. So to date we are up around 8%.