Raleigh-Cary, NC #2 Real Estate Market : New Home Sales Share
Top 10 Markets for New-Home Sales Share (2010) | |||
---|---|---|---|
Metropolitan Statistical Area | New-home Sales | Total Sales Total | New-home Sale Share |
El Paso, Texas | 2,425 | 9,701 | 25.0% |
Raleigh-Cary, N.C. | 3,580 | 16,975 | 21.1% |
San Antonio-New Braunfels, Texas | 6,891 | 35,407 | 19.5% |
Charlotte-Gastonia-Rock Hill, N.C.-S.C. | 3,860 | 20,512 | 18.8% |
Austin-Round Rock-San Marcos, Texas | 5,831 | 32,088 | 18.2% |
Jacksonville, Fla. | 3,909 | 22,749 | 17.2% |
Des Moines-West Des Moines, Iowa | 1,446 | 9,154 | 15.8% |
Charleston-North Charleston-Summerville, S.C. | 1,464 | 9,622 | 15.2% |
Oklahoma City, Okla. | 3,019 | 21,017 | 14.4% |
Nashville-Davidson-Murfreesboro-Franklin, Tenn. | 3,380 | 25,342 | 13.3% |
Note: 9 out of the Top 10 Markets Are In The South
Methodology: CoreLogic sorted the markets with the highest share of new-home sales. The analysis was performed on 2010 annual data for the top 100 markets with the most sales. It's very well-known that there are a lot of distressed markets and which markets they are. There is much less information on which markets are doing well. But instead of choosing performance, CoreLogic chose new-home sales, because if a market is near the top for new sales share then it's most likely doing relatively well.
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