For the sixth straight month, June existing-home sales in North Carolina posted double-digit growth, marking record activity for the first half of the year, according to statistics compiled by the North Carolina Association of Realtors.

Realtors reported 13,298 home sales in June, up 10 percent from the 12,095 sales recorded in June 2004.

The average price for an existing home in June was $215,499, a gain of 7 percent from $200,922 reported a year ago.

On a year-to-date basis, sales were 15 percent higher than those recorded during the same time period a year ago. Statewide, 60,958 residential units were sold during the first half of 2005, easily surpassing the previous year’s record of 52,849, the association reported.

Resort communities led the strong sales growth; with Brunswick County posting the largest percentage increase in total sales dollars (59 percent), followed by Haywood County (51 percent), Goldsboro (48 percent) and Wilmington (42 percent). The strongest price appreciation on a year-to-date basis was in Wilmington, where the average sales price increased 20 percent.

All figures are based on information provided by participating Multiple Listing Services, which include Carolina Multiple Listing Service (Charlotte), Triad Multiple Listing Service and the Triangle Multiple Listing Service.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×