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North Raleigh NC Market Report

By
Real Estate Broker/Owner with RED Properties NC #129285

The Raleigh Real Estate Market is vibrant and ever changing.......that's for sure!  Following are the latest market statistics for North Raleigh.  The first chart represents the number of active listings as well as the SOLD listings.  Inventory for North Raleigh is down - we need listings!

 

 

The next chart shows the trend for homes Days on Market.  

 


 

And, lastly, here is the chart for the Absorption Rate in North Raleigh NC.  If you aren't quite sure what an Absorption Rate is then by all means check out What Is An Absorption Rate and How Does It Affect YOU?

 

 

 

If you have any questions regarding the latest North Raleigh Real Estate statistics please email me of give me a call.  I'd be happy to answer any questions you have!

Don't forget, You can find me on Facebook and Twitter as well - come say hi! 

Posted by
 RED Properties RaleighRed
RED Properties RaleighRed

Wake Forest NC House Chick on Facebook    Leesa Finley on Twitter    Leesa Finley on LinkedIn    Leesa Finley on YouTube    Wake Forest NC House Chick on Google+    Leesa Finley on Flickr    Leesa Finley on delicious


Welcome to Raleigh NC!

Live, Love, Work and Play...

And the Surrounding Towns and Cities of Wake Forest, Youngsville, Franklinton, Creedmoor, Raleigh, Oxford, Louisburg, Knightdale, Wendell, Garner, Cary, Apex & Holly Springs

R.E.D. Properties

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To Search for Homes for Sale in Raleigh NC please visit
www.RaleighRed.com

    

 

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Comments (4)

Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Your area has much in common Leesa with other areas of the country with the tightening supply. Excellent report with graphs. Good luck with the biz in 2013.

Feb 23, 2013 12:58 AM
Leesa Finley
RED Properties - Wake Forest, NC
RED Properties - Raleigh NC Real Estate

Thanks Gary - we definitely need listings in this area!!!  I hope you are having a super successful 2013 as well!

Feb 23, 2013 01:49 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Leesa, interesting statistics on your Raleigh, NC real estate market.  Looks like improvement, improvement, improvement.  

Feb 24, 2013 05:02 AM
Thom Abbott
MyMidtownMojo.com |770.713.1505 | Intown Atlanta GA Condo Living - Atlanta, GA
Midtown Atlanta GA Condos For Sale

Tightening inventory is not the word for it. 

Had out-of-town Buyers in last week. Based on location and price in Midtown Atlanta, I had 1, repeat, O-N-E condo to show them. 

Mind you, they listened to the Agent! We are Under Contract, cash closing in about 3 weeks. Yippie! 

I'm wondering what there will be to sell in a few months! 

Feb 25, 2013 12:04 PM