March 2016 Market Indicators

According to data recently released by Triangle MLS, the Triangle real estate Spring market is off to a busy start. New Listings and Under Contract Sales are up over March 2015. The market is looking strong for sellers as Median Sales Prices are up for the second month in a row and as Days on Market and Months Supply of Inventory are showing a decrease. According to, serious buyers in this market should make house hunting a priority and should be prepared to make strong offers. For information about how the local market affects your real estate needs, contact Peak Swirles & Cavallito Properties.