Shack's Corner

Sales volume fell sharply in the ECNHSI for the second consecutive month. January sales volume was 27.1% lower than the previous month, but was 9.2% higher than January 2009 levels. The number of pending sales at the beginning of February increased 18.4% over the previous month. Inventory levels rose after falling for 5 consecutive months. There is 12.7 months of inventory on the market based on the average monthly sales volume of the previous 12 months and 7.7 months of new construction inventory on the market. For the full December 2009 ENCHSI report including graphs, click here.

The ENCHSI includes Beaufort, Camden, Chowan, Carteret, Craven, Currituck, Dare, Lenoir, Nash, Onslow, Pasquotank, Perquimans, Pitt, Wayne, and Wilson Counties. Data is taken from the local MLS in each county.