Business briefs, May 13
Triangle home sales down, but Durham sales up
DURHAM – Durham County home sales ticked up 6.1 percent in April, according to Triangle Multiple Listing Service data, continuing a streak of sales increases that the county has seen since March of last year.
April was the 14th consecutive month the county has seen year-over-year sales increases.
The county’s inventory of homes for sale was down nearly 14 percent to 1,621, and the months’ supply of inventory on the market was down 25 percent to 5.1. New listings were also down 12.7 percent.
Prices were stable year-over-year, with the median sales price increasing 0.6 percent to $175,000, and the average sales price increasing 0.5 percent to $203,550.
Across the Triangle counties of Durham, Orange, Johnston and Wake, sales were down about 1.8 percent in the month year-over-year.
Barley Labs TV commercial launches Monday
DURHAM – A national TV commercial launched on two channels Monday for Barley Labs, a two-person company that makes dog treats using a byproduct of the beer-making process.
Barley Labs’ co-founder Theresa Chu said in an email that the commercial was scheduled to air on FoxSports1 and FoxSports 2 through June 23.
The company won the ad space as one of four finalists in the “Small Business Big Game” competition sponsored by Intuit Inc., a provider of financial and tax software for small businesses. The winner of the competition was GoldieBlox, a California company making toys to interest girls in engineering.
Chu said in an email that Intuit bought time for the company’s advertisement and for ad time for the two other finalists. She said they’ve been working on the advertisement for a couple months.
“I got to fly out to (Los Angeles) to watch them film parts of it at the beginning of April,” she said in the email. “Also, the concept of the commercial inspired us to create an online video contest where a dog owner could win treats for the life of their dog and $100 to the animal rescue organization of their choice,” she added.
Barley Labs is run by Chu and Scott Beaudry. They make their treats out of the Durham-based commercial kitchen The Cookery. Sales were up between January and April of this year compared to last year, she said.