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Wake Forest Real Estate Market Recap - November 2011

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

The Wake Forest Real Estate market had a strong month!

Jumping right into the real estate stats this month you'll notice that 17% of the real estate activity in Wake Forest either Closed (SOLD) or went under contract (pending) this month.  In September and October the sold and pending homes accounted for 15% of the real estate activity.  This month, 11% of activity accounted for the new active listings available.  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 November:

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 November

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

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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.

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Comments(3)

Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Pamela  Your market reports are really loaded with meaningful data as well as being easy to read and understand.  This one on Wake Forest is a shining example

Dec 19, 2011 02:15 AM
Jerry Newman
Brown Realty, 210-789-4216, - San Antonio, TX
Texas REALTOR, San Antonio Military Relocation

Hi Pamela, 17% increase for November is Great News for your area. Your Market Reports clearly show all the activity that is going on in Wake Forest.

Dec 19, 2011 03:32 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

Good to see your market getting stronger Pamela, there appear to be more markets improving according to the reports here in the Rain.

Dec 19, 2011 04:18 AM