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Raleigh, Durham, Chapel Hill, Cary The Triangle Area
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Old 10-27-2010, 02:29 PM
 
Location: Raleigh
100 posts, read 279,934 times
Reputation: 79

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I've seen just from driving around my own neighborhood that homes in the area are spending MONTHS on the market, is there an easy way to check what the average # of days on the market is for a particular zip code or city or otherwise defined area?
Halfway considering leaving the area and am scared to death at the prospect of trying to sell right now.
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Old 10-27-2010, 06:22 PM
 
Location: GOVERNMENT of TRAITORS & NAZIS
20,586 posts, read 22,739,853 times
Reputation: 7629
Ask a realtor. They would have all the data related to selling times, price and ect...
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Old 10-28-2010, 03:33 AM
 
95 posts, read 181,279 times
Reputation: 101
Zillow has the information for specific addresses
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Old 10-28-2010, 03:38 AM
 
9,558 posts, read 26,426,980 times
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Quote:
Originally Posted by skimbro000 View Post
Zillow has the information for specific addresses
You might as well just guess if you are going to use zillow. It is riddled with outdated information. I've seen examples where homes that sold 8 months ago still show up on zillow as for sale.
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Old 10-28-2010, 05:31 AM
 
Location: Raleigh, NC
3,156 posts, read 3,823,456 times
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Quote:
Originally Posted by Athletic Supporter View Post
is there an easy way to check what the average # of days on the market is for a particular zip code or city or otherwise defined area?
Be careful with the data you do find. This may have changed in the few years since I bought/sold my last home, but I specifically remember a few houses in my old neighborhood where the "listing date" was reset when they relisted the house at a lower price. You may have a house that has been on the market since April, but was relisted in September. If it sold in October the "days on the market" would only be a month.
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Old 10-28-2010, 08:59 AM
 
Location: RTP area, NC
1,277 posts, read 3,021,220 times
Reputation: 946
Trulia also gives some real estate information - it also will show when changes in price have happened which is useful.
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Old 10-29-2010, 07:28 AM
 
Location: Raleigh
100 posts, read 279,934 times
Reputation: 79
Thanks for the responses everyone, I thought perhaps there'd be a simple resource for this, bummer.
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Old 10-29-2010, 08:02 AM
 
2,849 posts, read 3,974,111 times
Reputation: 3423
Quote:
Originally Posted by North_Raleigh_Guy View Post
You might as well just guess if you are going to use zillow. It is riddled with outdated information. I've seen examples where homes that sold 8 months ago still show up on zillow as for sale.
This is one area where zillow and trulia can come in quite handy. Some sellers will remove a house from the market if it has been on too long and then re-list it later in an attempt to re-start the clock. zillow and trulia keep track of this so you can see all of the listings and re-listings in one place.

Of course, a good buyer's agent will also be able to provide this information.
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Old 10-29-2010, 10:04 AM
 
Location: 27609
525 posts, read 1,113,969 times
Reputation: 541
Just FYI: I bought my house for 193k not long ago - Zillow says it is worth 2.5 million dollars. NO JOKE!! I laughed for like 3 days when I saw it....must be a gold mine under the house...
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Old 10-29-2010, 11:08 AM
 
Location: Cary, NC
31,636 posts, read 55,362,882 times
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Quote:
Originally Posted by boocake View Post
Just FYI: I bought my house for 193k not long ago - Zillow says it is worth 2.5 million dollars. NO JOKE!! I laughed for like 3 days when I saw it....must be a gold mine under the house...
Wait until you see your property tax bill....

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