I am looking at how quickly homes are moving and what that means for timing.
If timing matters to you in Northeast Durham, NC, then pace is the part I would watch first. Last month, a typical sale took 58 days, and pending homes moved in 23 days, so the market is not moving at one speed.
In Northeast Durham, NC, the difference between sold and pending timing matters. A typical sale took 58 days last month, while pending homes moved in 23 days, which tells me the market rewards the right pricing and punishes hesitation.
For a buyer, that means the better-positioned homes can still move before you feel fully settled on them. For a seller, it means the early weeks matter, because the homes that match buyer expectations tend to draw the clearest response first.
Move quickly on homes that fit.
Compare pace before you stretch on price.
If you are selling, watch the first two weeks closely.
