In its May 2024 market overview, MyMarketPulse (mymarketpulse.com) highlights the real estate dynamics within Orange County, North Carolina.
The Median Sale Price for properties in Orange County was documented at $670,000 for May 2024. This price point is an upward move of 23.8% from the previous month and shows a 17.5% rise from the year before.
The region reported 124 home sales, marking an increase of 26.5% from the prior month, and 2.5% growth year-over-year.
Furthermore, homes in Orange County were on the market for an average of 7 days before selling, reflecting unchanged of days month-over-month and a decrease of 21 day day year-over-year.
With the Market Pulse Score sitting at 117, the trend in Orange County’s housing market seems to be rising.
For more information about the Orange County, North Carolina market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
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