The Wake Forest Real Estate statistics are out for June and we continue to see improvement in the market! Both the Average Sales Price and the Median Sales Price have increased since the same time last year.
Closed Sales for June have increased by +6.6% compared with the same time in 2012. However, inventory is tight and continuing to tighten - current inventory has decreased -2.9% when compared with the same time in 2012.
The Absorption Rate in Wake Forest NC has remained stable at what is considered a "balanced" market - neither a seller's market nor a buyer's market. It is important to note that this is just for Wake Forest - the Absorption Rate varies in the different areas of Raleigh.
The average Days on Market has declined considerably when compared with the same time in 2012. The decline is -14.2%.
If you are interested in learning a bit more about Wake Forest Real Estate Statistics or you would like statistics for another area of Raleigh NC please feel free to email me or call me - I'd be happy to help!
Welcome to Raleigh NC!
Live, Love, Work and Play...
And the Surrounding Towns and Cities of Wake Forest, Youngsville, Franklinton, Creedmoor, Raleigh, Oxford, Louisburg, Knightdale, Wendell, Garner, Cary, Apex & Holly Springs
To Search for Homes for Sale in Raleigh NC please visit
All content including design, code and any other material that is provided or is part of the site are copyrighted, unless stated otherwise. The copyright forbids you to reproduce or distribute any material anywhere on the Internet or offline (magazine articles, CD etc.) without a written permission and consent from me.