Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 38% from one year earlier, and down 21% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 210-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 78%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 170-thousand dollars. The number of units sold decreased 29% year-over-year, and increased 8% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Hoke County, NC
Area Information for Hoke County, NC
Median Age:34.03 yr
Median Commute Time:26 mins
Population Density:141/sq mi
Population Change Since 2000:64.06%
Closest Airport:Fayetteville Regional/grannis Field
Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.