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Home Prices in Braefield Subdivision for July 2017

By Shanta Jackson

Real Estate Agent with Jackson Realty Group 222208

July 13, 2017 11:31 AM

Home Prices in Braefield Subdivison in Raleigh, NC for July 2017

Real estate market data for Braefield Subdivision in Raleigh, NC provided by Shanta Jackson of Jackson Realty Group at Carolina MaxRealty.

Braefield in Raleigh, NC Home Prices

We have seen 11 straight months of listing price increases in Braefield 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 Braefield 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 days of hitting the market. 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 Braefield home on which you are making an offer.

If you are interested in how much current inventory is on the market in Braefield you can find that information by contacting me. High inventory will suggest that homes are sitting on the market for longer. Currently in this subdivision, homes have a median time of 8 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 Braefield has multiple offers coming in on homes similar to what we saw back in 2007. But, low inventory is one indicator that prices should continue to rise.