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Interest Rates Drop, What is The New Bern Real Estate Market Doing?

Here is a snap shot of our local Real Estate Market in New Bern North Carolina:

Area: NEW BERN CITY
TRENT WOODS TOWN LIMITS
GREENBRIER
OLD CHERRY POINT RD AREA
BRIDGETON CITY LIMITS
FAIRFIELD HRBR AND BRD CRK RD
RIVER BEND AREA
BRICES CREEK AREA
TABERNA

What is Currently under contract:

Under $100,00: 8 Homes

$100,00-$150,000: 24 Homes

$150,000-$200,000: 22 Homes

$250,000 – $300,000: 24 Homes

$300,000 – $350,000: 12 Homes

$350,000-$400,000: 5 Homes

Over $400,000: 16 Homes

There are Currently 1181 Homes for sale in Craven County to include New Bern, and Havelock.

From August 17 to Sept. 17 2008: 73 Homes have closed

Compare these to the home sales stats for August 2007.

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