Wake Forest NC - Local Real Estate Market Update June 2009

The following statistics are provided by the Triangle Multiple Listing Serivce and are strictly for Wake Forest NC.  The statistics are from January - July 15, 2009.

 

Wake Forest NC

2008

2009

Change

2008

2009

Change

 

New Listings

 

215

132

-38.6%

1446

979

-32.3%

 

Closed Sales

 

 

144

 

66

 

-54.2%

 

581

 

348

 

-40.1%

 

Median Sales

Price*

 

 

$302,631

 

$257,793

 

-14.8%

 

$297,828

 

$258,000

 

-13.4%

 

Average Sales Price*

 

 

$312,316

 

$283,311

 

-9.3%

 

$325,199

 

$289,564

 

-11.0%

 

% of Original List Price Received at Sale

 

 

97.2%

 

96.9%

 

-0.3%

 

97.3%

 

96.6%

 

-0.7%

 

Inventory of Homes for Sale

 

 

1065

 

885

 

-16.9%

 

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--

 

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* Does not account for seller concessions.  

If you have any questions regarding the above statistics please feel free to send me an email or give me a call.  I would also be happy to provide more specifics numbers if you have a particular neighborhood in mind as well!



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Written by:
Leesa L. Finley, Broker, Realtor®Circa Properties Leesa Finley Wake Forest Homes
Circa Properties
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All content, including text, original art, photographs and images, is the exclusive property of Circa Properties, and may not be used without the expressed written permission of Circa Properties. All
information is believed to be accurate but is not warranted, Copyright 2009.


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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Comments

Leesa

Pretty neat chart and how you all calendered everything.

Posted by Tom Braatz,Waukesha County Realtor Real Estate agent,Waukesha Cty WI Real Estate (Re/Max Realty Center 262-377-1459) over 2 years ago

Leesa, So easy to read and understand!  This is truly a chart regular consumers can understand instead of trying to figure it out.

Posted by Laura Cerrano and Carole Provenzale Owner, Feng Shui Long Island & New York (Feng Shui Long Island & New York City/Feng Shui Manhattan ) over 2 years ago

Tom - Thanks!  I was hoping everyone would like it.

Carole - My old market reports were extremely flashy - I thought this time I would just be more straightforward!

Posted by Leesa L. Finley -Wake Forest NC REALTOR® Wake Forest NC & Raleigh NC Real Estate (Circa Properties - Your Wake Forest NC Homes Specialist) over 2 years ago

Leesa - I like the chart but what am I missing? I don't understand the difference between the two sets of three columns. Is the first set monthly and the second annual?

Posted by Mike Saunders (Lanier Partners) over 2 years ago

MIKE - You ARE missing something!  There is a heading that was cut off and I didn't even notice it so THANKS so much for the heads up!  I'll get it fixed ASAP - THANKS!

Posted by Leesa L. Finley -Wake Forest NC REALTOR® Wake Forest NC & Raleigh NC Real Estate (Circa Properties - Your Wake Forest NC Homes Specialist) over 2 years ago
7KRs5y Glad I've finally found somethnig I agree with!
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