Special offer

Wake Forest Real Estate Market Recap - October 2011

By
Real Estate Agent with Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522
 
Wake Forest NC Real Estate October 2011 Market Recap
 

Wake Forest Real Estate is looking good!  Before we jump into the October real estate stats for Wake Forest we wanted to take a moment to showcase this unique real estate investment opportunity.  Wake Forest NC Real Estate for Sale

Offering 2 bedrooms, 2 baths and 1144 square feet, this Wake Forest real estate gem has no HOA dues, is in move-in condition and has hardwood floors throughout most of the 1st floor!  Looking for a Wake Forest, NC real estate investment opportunity Look no further!

Jumping into the real estate stats this month you'll notice that like last month, in October 15% of the real estate activity in Wake Forest either Closed (SOLD) or went under contract (pending), compared with 13% new active listings that came on the market.  This indicates a strengthening real estate market as the absorption rate remains steady or improves.

Wake Forest NC Real Estate Market Report

 

The pie chart on the left breaks down the number of detached homes in Wake Forest that were active, newly active, went under contract or closed last month.

 

If you don't yet live in Wake County or in Wake Forest, NC but are you're considering moving to Wake County or Wake Forest, NC or even if you're planning on selling a home in Wake Forest, NC, it's important to have the right information.

 

The table below shows the break down of the detached homes for sale in Wake Forest NC that went newly active in the Wake Forest Real Estate Market in October:

Wake Forest NC Real Estate Market Report

Take a sneak peek at all the new homes for sale in Wake Forest, NC last month (in alphabetical order by subdivisions).  If you'd like a more customized search, you can save a search outlining your unique home needs and get FREE e-mails with only homes for sale in the Triangle that match YOUR critieria.

 

Active Detached homes for sale in Wake Forest, NC last month
Wake Forest NC Real Estate Market Report

*When you're ready to see homes for sale in Wake Forest, NC or really any homes for sale in the Triangle area contact us, we are here to help every step of the way.

 

Detached homes in Wake Forest, NC that went under contract (or pending) last month
Wake Forest NC Real Estate Market Report



  Wake Forest Detached homes that SOLD during the month of October

Wake Forest NC Real Estate Market Report

 
 
If you've been considering a move to Wake Forest, NC, would like more information on selling a home in Wake Forest, or would simply like to discuss your Wake County real estate needs call or e-mail me.  I'd love to chat!

 

*Any reference to TMLS data is based on information
from Triangle MLS, which neither guarantees nor is in any way
responsible for its accuracy. All data is provided ‘AS IS’ and with all
faults. Data maintained by Triangle MLS may not reflect all real estate
activity in the market.

Posted by

 Subscribe to Raleigh Homes Online's Blog

One Solid Rock!About the author:  Pamela is a Realtor in Raleigh NC with The St. Peter HomeSelling Team at Prudential YSU Realty serving the Raleigh NC (Triangle & Wake County) area.

"We are a team of passionate North Carolina Real Estate Brokers dedicated to connecting our clients to success in home buying and home selling in the Triangle." Pamela can be reached via email at Pamela@RaleighHomesOnline.com or by calling (919) 645-2522.

For all your Wake County real estate needs The St. Peter HomeSelling Team serves the following areas in Wake County; Raleigh, Cary, Apex, Morrisville, Holly Springs, Fuquay Varina, Garner, Wake Forest, Knightdale.

Find your Home in the Triangle, NCVisit me on Google+Let's connect on LinkedInJoin us on FaceBookfollow us on TwitterJoin us on PinterestWhat is My Triangle Home Worth?

Comments(5)

Lori Gardiner
RE/MAX River's Edge - Bristol, RI
GRI, SRS, ABR, e-PRO

Great post.  Congrats!  Best wishes for continued success.

Nov 17, 2011 12:23 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Good Morning, Pamela and Lee. I would jump on that 2 bedroom home with hard wood floors in a heartbeat if I was a First Time Home Buyer shopping in Wake Forest for a home. That front porch is very appealing too.

Excellent statistics on the Market Reports for Wake Forest area too!

 

 

Nov 17, 2011 01:04 AM
Lee & Pamela St. Peter
Berkshire Hathaway HomeServices YSU Realty: (919) 645-2522 - Raleigh, NC
Making Connections to Success in Real Estate

Thanks Lori,  appreciate you stopping by.  

 

And it's very affordable too Jerry!  Wake Forest had a slow down there for a while but it feels like it's starting to pick up ...  it's a great community just N. or Raleigh.

Pamela

Nov 17, 2011 02:17 AM
Al Raymondi
Ocean View Realty Group in Ormond By The Sea Florida - Ormond Beach, FL
Ormond By The Sea Florida - Home and Condo Sales

Nice market report Pamela, congrats on getting some stats in Wake Forest that show signs of a strengthening market.

Nov 17, 2011 04:02 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Pamela  Pamela  You do provide a wealth of information on the Wake Forest market. Your report is the work of a local expert.  Buyers and sellers would be fortunate to have you in their corner

Nov 20, 2011 07:07 AM