As of this morning, there are 8,924 active residential listings in Wake County, NC.
No, that's not a typo. There are nearly 9,000 homes available right now in Wake County. This includes the city of
Raleigh and neighboring towns Wake Forest, Knightdale, Zebulon, Wendell, Garner, Cary, Fuquay-Varina, and Morrisville.
The average days on market is 105, up from 80 days in May and 86 days in June. What does this mean for you, the buyer?
You can be the hypotheical kid in a candy store. Townhomes. Single family homes. Large homes. Small homes. New homes. Old homes. The choice is yours!
When days on market increase along with the number of available homes there is a buyers market. And with homes typically selling for less than list price right now buyers have the upper hand.
So if you're thinking about buying a home, now is the time - especially if you're a first time homebuyer or not planning to sell your current home.
Tracy Williams Pender, Broker/REALTOR
(919) 815-7505
www.TracyWPender.com
tracy@tracywpender.com
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