The Wake Forest NC Real Estate Market had some interesting statistics for the month of September 2010. The first chart below represents the various Price Points for Homes for Sale in Wake Forest NC. While the chart represents only the dynamics of the 2010 market I do have statistics for a comparison to 2009. The most dramatic increases are seen in the Price Points below $300,000.00. The number of Homes for Sale up to $149,999 rose most notably 119% when compared to September 2009. The $150,000 – $199,999 segment increased by 71% and the $200,000 – $299,999 niche had an increase of 43% when compared to the same time frame in 2009. With those increases it comes as no surprise that the luxury market saw the decreases thereby defining a definite shift in Price Points in the Wake Forest NC Real Estate Market.
Overall inventory for Homes for Sale in Wake Forest NC increased 3.5% while Homes Sold decreased 18.6%.
Median Sales Prices in Wake Forest NC increased 23.6% while the Average Sales Price declined 3.5%.
If you would like more information regarding any of the statistics in this Wake Forest NC Market Report and how they may affect you when it comes to buying or selling a home then please feel free to contact me. I would be happy to go into further detail what these numbers mean and I can also provide you with a more neighborhood specific analysis.