Active Listings:
*April Statistics run through May 15, 2008
There were 1410 active listings for the month of April 2008* which includes townhomes and condos. In comparison, there were 1028 actives listing for the month of April 2007 (which were computed through May 15, 2007). An increase of 37% is noted.
Closed Listings:
Total closings since January 2008 through May 15, 2008 for Wake Forest is 507. Of those closings 16% had a price point of $400,000 or higher. The supply of homes in Wake Forest has dipped again to a 11 month supply. Wake Forest currently has the HIGHEST absorption rate in Wake County.
Average days on market for Wake Forest was 115.
Additional Statistics: The top 2 subdivisions for closings in all of Wake County were located in NoRa and Wake Forest. They are Heritage (64 sales) and Hedingham (49 listings). These totals represent total number of closings since January 2008 for the particular neighborhood.
For more information about what these statistics may mean to you as a buyer or seller please feel free to contact me!
Whether you are buying or selling Real Estate in Wake Forest NC it just makes sense to use a Realtor® that knows the area! I live here, work here and play here - I call Wake Forest NC home! For more information regarding Wake Forest NC be sure to visit my websites:
- Leesa Finley - Homes for Sale in Wake Forest NC, Wake Forest NC schools, restaurants, shops, entertainment and MORE....
- Circa Properties - My company website with information for the entire Raleigh NC area including Cary, Apex, Garner, Franklinton, Youngsville, Holly Springs and MORE....
Leesa
Your market is actually pretty good. Are there many multi families for sale?
Sincerely
Tom Braatz
Leesa, sounds like the area is headed in the right direction, fingers crossed for you....