Recent Figures Show New Home Sales Climb in Greenville
Posted on: May 06, 2013 07:14:50 AM
There was a rise in closings of new homes in the Greenville, NC market in February year-over-year, but the increase was less than January 2013. New home closings moved from 11 a year earlier to 13 after the figure moved from 13 in January 2012 to 18 in January 2013.
A total of 232 new homes were sold during the 12 months that ended in February, up from 230 for the year that ended in January.
New home closings were 13 out of 152 total closings, making up 8.6%. This is up on a percentage basis from 11 of 172 a year earlier. Closings of new and existing homes saw a drop year-over-year in February after remaining steady in January year-over-year.
Pricing and Mortgage Trends
The average new home price was $152,038, a move from $153,182 a year earlier. This followed a 6.7% rise in January year-over-year.
The average mortgage size went down to $140,888 from $144,051 a year earlier. Average mortgage size on new homes went from $171,357 in January 2012 to $164,432 in January 2013.