Monday, October 24, 2005

1546 Pathway- Under Contract

I haven't reveiwed this property before, but I thought it would be a good update:

1546 Pathway- $359,900, 4 bedrooms, 2.5 baths, 2300 sq/ft ($156 per sq/ft), built 1994, .25 acre lot. Available for sale (or what REALTORS call "being on the market") for 32 days.

To put this in perspective, the average home in Carrboro stays on the market for about 80 days. This is a combination of homes that sell in the first couple of days and new construction (which can typically be for sale more than a year).

I don't think this was the best deal of the year, but then again there's not a huge number of houses for sale in Carrboro either.