Shack's Corner

In the latest Eastern North Carolina Home Sales Index, pending sales, a key indicator of sales that will take place over the next 30-45 days, fell sharply for the beginning of December as compared to the previous month.  The number of pending sales at the beginning of December was 1,326 as compared to the beginning of November, which was at 1,695.  This represents a 21.8% drop.  10 of the 11 markets included in the ENCHSI saw pending sales fall this month.  The only market that didn't have a drop in pending sales was Wilson, where the number of pending sales increased to 106 from 105 the previous month

The Eastern North Carolina Home Sales Index includes the following counties:  Beaufort, Carteret, Craven, Lenoir, Nash, the Northeastern Counties, (Camden, Chowan, Pasquotank, and Perquimans) Onslow, the Outer Banks, (Dare and Currituck) Pitt, Wayne, and Wilson.