Wake Forest, NC Market Report for February 2009

Active Listings in Wake Forest NC are down in general from 2008 to 2009.  There is still a healthy supply of homes though in a variety of styles and price points.

Wake Forest NC Market Report Active Listings Circa Properties

 

As the year progressses we will see the Absorption Rate for Wake Forest also start to level off.  What is the Abosprtion Rate?  The absorption rate is simply the number of months it would take to sell the current inventory should no other listings come on the market. 

Wake Forest NC Market Report Absorption Rate Circa Properties

 

Wake Forest NC still retains a healthy portion of the sales for all of Wake County NC.  Should you need assistance with any of these graphs and how they relate to your position in the real estate market please feel free to email or call - I would be delighted to help.

Wake Forest NC Market Report Wake County Sales Circa Properties

 


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Written by:
Leesa L. Finley, Broker, Realtor®Circa Properties Leesa Finley Wake Forest Homes
Circa Properties
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Learn more about Wake County, Johnston County, Granville County, and Franklin County, North Carolina Real Estate which includes Raleigh, Cary, Wake Forest, Youngsville, Franklinton, Apex, Holly Springs, Garner, Fuquay Varina, Creedmoor, Clayton and more!


 

 
 
 
 

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