May 2010 New Housing Analysis
83 new home sales were recorded in May, down 10% from May 2009.
The average new home sales price was $214,068 and the average square footage was 2,829.
Cordova North (38016) experienced the most new home sales with 24 total and an average sale value of $130,393.
Regency Homes claimed the most new home sales, 10 total for the month averaging $161,453.
Charles Morgan pulled the most new home permits in May, 9 total averaging $187,342.
Arlington (38002) was issued the most new home permits for the month, 16 total averaging $222,612.
The Lake Las Cruses subdivision in Raleigh (38128) had the most new home permits pulled in May, with 8 total and an average permit value of $86,705.
Click here to view our May Market Trend Reports.
Read the latest article on new home sales from The Daily News here.
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