Triangle homes sales increased 17% for the 3rd quarter

Real Estate ResearchAccording to Triangle MLS data, Triangle-area homes sales for the 3rd quarter of 2011 increased 17% from the same quarter in 2010,  to 4,471. 

Considering the rate of sales for the first six months of he year and for the declining sales in the last three years. 

The average price of the homes that sold during the quarter was $235,700, which is down 2%. 

Pending sales for the quarter were up 27 percent, and showings increased 7 percent.

How are you seeing the market improve?

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