Freshest Numbers Indicate New Home Closings and Prices Fall in Goldsboro
Posted on: Apr 06, 2014 07:15:42 AM
Closings of new homes in the Goldsboro, NC market sank year-over-year in December, dropping after a year-over-year increase in November 2013. New home closings moved from 10 a year earlier to 7 after the figure moved from 4 in November 2012 to 9 in November 2013.
A total of 66 new homes were sold during the 12 months that ended in December, down from 69 for the year that ended in November.
Last year, 10 of 31 total closings were new homes, and this percentage saw a decline as new home closings this year made up 7 of the 51 total closings. Closings of new and existing homes jumped year-over-year in December after also rising in November year-over-year.
Pricing and Mortgage Trends
The average value of newly sold homes in December 2013 was $187,571, down from last year's $192,700. This was on the heels of a 10.5% drop in November from a year earlier.
Average mortgage size on new homes went from $183,750 a year earlier to $187,551. Average mortgage size on new homes went from $210,300 in November 2012 to $174,240 in November 2013.