| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 27516 | $327,500 | +8.3% | $312,000 | $302,500 | $277,500 | Chapel Hill | $332,000 | +1.8% | $312,000 | $326,250 | $285,000 |
Chapel Hill, 27516 Market Trends
Today, November 10, 2009
Chapel Hill, 27516 Summary
The median sales price for homes in ZIP code 27516 for Aug 09 to Oct 09 was $327,500. This represents an increase of 5%, or $15,500, compared to the prior quarter and an increase of 8.3% compared to the prior year. Sales prices have appreciated 18% over the last 5 years in 27516, Chapel Hill.
The median sales price of $327,500 for 27516 is 1.36% lower than the median sales price for Chapel Hill NC. Average listing price for homes on Trulia in ZIP code 27516 was $445,670 for the week ending Nov 04, which represents an increase of 0.3%, or $1,236 compared to the prior week and an increase of 0.5%, or $2,246, compared to the week ending Oct 14. Average price per square foot for homes in 27516 was $240 in the most recent quarter, which is 4.76% lower than the average price per square foot for homes in Chapel Hill.
| Location | Week ending Nov 4 | w-o-w | Week ending Oct 28 | Week ending Oct 21 | Week ending Oct 14 |
|---|---|---|---|---|---|
| 27516 | $445,670 | +0.3% | $444,434 | $447,091 | $443,424 | Chapel Hill | $529,454 | -0.6% | $532,868 | $531,759 | $530,862 |
| Location | Aug - Oct '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 27516 | $240 | +9.6% | $246 | $219 | $207 | Chapel Hill | $252 | +6.3% | $234 | $237 | $206 |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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