Fayetteville, NC (PRWEB) June 09, 2013
The Real Estate Marketing Insider named its “Toby’s Choice” Market of the Week, a title given each week to the market outside a major city that shows the most potential for growth. This week’s award was given to Fayetteville, N.C., after the Fayetteville Observer announced that homes were selling more easily and at higher prices in April than in the preceding year.
According to the report of new sales and prices in the Fayetteville Observer, real estate leads have become easier to find in the North Carolina city. Sales in April numbered 284 existing homes, which marks an increase of 50 monthly sales over April 2012 – a commanding 21percent increase. Meanwhile, the number of new homes sold decreased slightly year-over-year, with 14 fewer transactions taking place. However, the average price for a new home is up almost $20,000 to $225,425, a new record in the area for monthly average price. These strong numbers have been a continuing trend for Fayetteville in 2013. Since January, overall sales in Fayetteville have been improving steadily and are much stronger than 2012 numbers.
Fayetteville and its surrounding suburbs are slightly off the beaten path for strangers to North Carolina. While it doesn’t get the same attention as its neighbors in Chapel Hill, Durham, or Raleigh, the offerings to residents of Fayetteville make it worth a look for home buyers. Fayetteville offers extensive cultural, educational, and entertainment offerings. Meanwhile, Fayetteville’s nearby outdoor recreation opportunities are world-class, without the expense and unpredictability of beach front vacation rentals. With the rises in sales and prices, this Toby’s Choice winner is a great choice for any new homebuyer, and can make a great addition to a realtor’s portfolio.
The Real Estate Marketing Insider today announced Fayetteville, NC, as the winner of its weekly “Toby’s Choice” award for outstanding non-major markets. The Insider cited Fayetteville’s remarkable offerings to its citizens as well as outstanding sales numbers from the previous month.
About the Real Estate Marketing Insider:
The Real Estate Marketing Insider is an online publication specializing in real estate market analysis. REMI is an invaluable resource for homeowners, buyers, sellers, and real estate agents.