July 2008 saw a decrease in the number of listings available in Wake Forest from June 2008 to July 2008 however Year to Year saw an overall 14% increase.
Wake Forest has also held steady with their absorption rate at 9 for two consecutive months. We are still trending lower that the rest of the country.
And, finally, Wake County maintains healthy sales in all areas and continues to out-perform other parts of the country. Wake Forest holds a very respectful 13% of total sales in Wake County.
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Welcome to Wake Forest NC!
Live, Love, Work and Play...
And the Surrounding Towns and Cities of Youngsville, Franklinton, Creedmoor, Raleigh, Oxford, Louisburg, Knightdale, Wendell, Garner, Cary, Apex & Holly Springs
Leesa Finley the "Wake Forest NC House Chick"
Circa Properties
919-649-6128
To Search for Homes for Sale in Wake Forest NC please visit
www.LeesaFinley.com
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Leesa,
It looks like Wake Forest is tracking well. Something that a lot of the country can't say.
I would love to see 9 months of inventory. We have been over a year for some time with some months getting to 11 months. Glad to see any improvement in the market.
Hey Leesa
Looks like things are picking up for you in yout area
Sincerely
Tom BRaatz
Hi Leesa,
Looks like you will be retiring a wealthy women sometime soon!! Keep me in mind, you know the routine, "share the wealth!" Hope your weekend was a fun one.
Leesa..I love the way you use graphs to demonstrate market activity. I am such a visual person!! I am sure your clients truly appreciate the snapshot!