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Wake Forest NC - Local Real Estate Market Update June 2009

By Leesa Finley

Real Estate Broker/Owner with RED Properties NC #129285

July 21, 2009 08:27 AM

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

-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!

Written by:
Leesa L. Finley, Broker, Realtor®
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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Tom Braatz Waukesha County Real Estate 262-377-1459

Coldwell Banker - Oconomowoc, WI

Waukesha County Realtor Real Estate agent. SOLD!

Leesa

Pretty neat chart and how you all calendered everything.

Jul 21, 2009 09:31 AM

Laura Cerrano

Feng Shui Manhattan Long Island - Locust Valley, NY

Certified Feng Shui Expert, Speaker & Researcher

Leesa, So easy to read and understand! This is truly a chart regular consumers can understand instead of trying to figure it out.

Jul 21, 2009 12:29 PM

Leesa Finley

RED Properties - Wake Forest, NC

RED Properties - Raleigh NC Real Estate

Tom - Thanks! I was hoping everyone would like it.

Carole - My old market reports were extremely flashy - I thought this time I would just be more straightforward!

Jul 22, 2009 01:53 AM

Mike Saunders

Retired - Athens, GA

Leesa - I like the chart but what am I missing? I don't understand the difference between the two sets of three columns. Is the first set monthly and the second annual?

Jul 24, 2009 03:17 AM

MIKE - You ARE missing something! There is a heading that was cut off and I didn't even notice it so THANKS so much for the heads up! I'll get it fixed ASAP - THANKS!

Jul 26, 2009 11:31 PM

Wake Forest NC - Local Real Estate Market Update June 2009

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Leesa Finley

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