Monthly Archives: August 2012

When do most people list their homes in Greenville, NC???

When do homes go on the market in Greenville, NC & Pitt County?

In the past 12 months through the Greenville Pitt MLS system, homes go on the market more often in the first 6 months of the year.

This chart shows the percentage of homes placed on the market in the past 12 months through Greenville Pitt MLS.

1st Quarter            Jan – Mar             29%

2nd Quarter           Apr – June            30%

3rd Quarter            July – Sept           23%

4th Quarter           Oct – Dec              18%

59% of homes go on the market in the first 6 months of the year, with 41% going on the market the last 6 months.

What does this mean to buyers?

Chances are the selection will be large in the Spring, but as we approach Thanksgiving and Christmas the seller may be more willing to negotiate.

Want to get the best price as a Buyer???

When do homes go under contract in the Greenville NC Pitt County MLS?

 

In the past 12 months, the majority of homes go under contract during the first 6 months of the year.

 

This chart shows the percentage of homes that went under contract in the past 12 months through the Greenville NC Pitt County MLS.

 

1st Quarter            Jan – March          26%

2nd Quarter           Apr – June            33%

3rd Quarter            July – Sept            26%

4th Quarter            Oct – Dec               18%

 

59% of the homes went under contract in the first 6 months.  There is more to choose from, and the flowers are blooming.

 

41% went under contract in the past 6 months.

Notice that only 18% of the sales happened Oct-Dec.  This may be the time of year to get your best price.

When is the best time to buy or sell Real Estate in Greenville, NC

Greenville NC Pitt County MLS sales for the past three years, 2009, 2010 and 2011, reveal a trend.  The highest percentage of homes closed in the 2nd quarter of the year.  (April, May, June)  For these homes to close during this time, the contract was written 30-45 days before the closing.  This reveals that the majority of contracts to purchase are written in the Greenville NC Pitt County MLS during the months of March, April, and May.

 

Average percentage of closed sales by quarter for the past three years reveals the following.

 

% Closed sales by quarter – Greenville NC Pitt County MLS

 

1st – 18.6% – Jan, Feb, March

2nd – 32% – April, May, June

3rd – 26% – July, Aug, September

4th – 23% – Oct, Nov, Dec

 

For a home seller, this would mean the best chance of selling your home for the highest price would be to put it on the market in February or March of the year.

 

For a buyer, the best time to get a better price would be to purchase November – January.

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