Butner Real Estate Market Extends Downward Trend in New Listings

Sales fell to three homes sold over the last 30 days in the Butner market. Sellers can expect less competition, however, due to a three-week downward trend in homes coming into the market, now down to six for the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. As new listings trended lower, the median sales price climbed for the homes that have sold, trending upwards for four weeks to reach $185,880.

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Demographic facts for Butner:

  • This area has a rating of 72 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 83.5 physicians.
  • The health cost index score in this area is 103.4. (100 = national average)
  • The breakdown of residents commuting to work is 85.3% by car, 9.5% by carpool, and 0.0% by public transit.

Data reported through 10/19/2016

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Grow Local Realty
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Grow Local Realty LLC
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Triad First Choice
Snapped 11 homes in this area

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