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%

 

 

 

* 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
919.649.6128 – direct and txt msg

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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