Home Prices in Rolesville NC 27571 for November 2013
Real estate market data for Rolesville, NC provided by Sharon Webb of Coldwell Banker Advantage
Rolesville NC 27571 Home Prices
We have seen 11 straight months of listing price increases on home prices in Rolesville and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Rolesville but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few weeks of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Rolesville home on which you are making an offer.
If you are interested in how much current inventory is on the market in Rolesville you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Rolesville, homes have a median time of 82 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Rolesville has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving out loans like candy on Holloween. But low inventory is a strong indicator that prices should continue to rise.
Rolesville Real Estate Report Summary
The median list price in November for single family homes in Rolesville NC 27571 is $317,000. The list prices increased by 4.0% from the previous month.
The price per square foot for listings in this area is $109.
The median sale price in November for single family homes is $272,804. The average sale prices increased by 10.4% from the previous month.
The price per square foot for sales in this area is $101.
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