2012 Fuquay-Varina Real Estate Recap: Home Buyers and Sellers Delight

The Fuquay-Varina, NC real estate market promotes great opportunities for home buyers and home sellers alike.  Want to know more?  Presenting the full 2012 year end Fuquay-Varina, NC real estate recap!

We know and love Fuquay-Varina real estate and gorgeous Fuquay-Varina, North Carolina remains a desirable place to live for all walks of life.2012 Fuquay-Varina Real Estate Recap

The pie chart shows the breakdown of:

  • new active listings (homes that went on the market)
  • total active listings
  • closed listings
  • homes that have gone under contract

during the whole of 2012 for single family detached homes located within Fuquay-Varina, NC.

The “1% Active” is confusing, yes… this percentage includes only those Fuquay-Varina homes that entered the MLS as a for sale home before January 2012, and sat on the market through the duration of the year (a high % would be alarming).  At 1% this is great for home sellers and buyers (considering resale) alike.

While the pie chart is a little arbitrary by itself, we include it to help paint the full picture for the stats below.

New listings – Fuquay-Varina Real Estate Market in 2012

2012 Fuquay-Varina Real Estate Recap - New Active Homes

The “New Active Listings” with 247 homes represent the number of Fuquay-Varina real estate listings that came on the market in 2012 and haven’t yet gone under contract or sold.  This includes homes that were listed in Fuquay-Varina anytime between Jan. 1st and Dec. 31st 2012.

Take a peak at the new Fuquay-Varina NC Homes for Sale on the market in December (in alphabetical order by subdivisions).

Active Detached Homes Available at the End of 2012

2012 Fuquay-Varina Real Estate Recap - Active Homes

“Active Listings” include new listings to the Fuquay-Varina market in 2012.  To get the number of homes listed before Jan. 1st 2012 we subtract new active from active which gives us only 8 homes in Fuquay-Varina that have been listed for over a 1 year period.  This signifies 1% of the total Fuquay-Varina real estate market.

With just over 250 homes for sale ranging from $80,000 to $1,500,000 with an average price of a home for sale in Fuquay-Varina being $266,809 we have plenty of options for both affordable and luxury living available in the area.

Homes in Fuquay-Varina: Under Contract at 2012 Year End

2012 Fuquay-Varina Real Estate Recap - Homes pending at the end of the year

At the end of 2012 there were 40 homes under contract, or in the “pending” status in Fuquay-Varina, NC.

Homes that sold (closed) in Fuquay-Varina in 2012

2012 Fuquay-Varina Real Estate Recap - Homes Closed During 2012

Here’s the big one:  A total of 591 single family detached homes were recorded in the TMLS to have sold in Fuquay-Varina in 2012.  The average sales price in Fuquay-Varina, NC was $203,721 in 2012 (slightly lower than the Wake County average sales price of $275,225) at $93.21 per square foot, closing at a healthy 98% of sales to list price and sitting an average of only 124 days (approximately 4 months) on the market.

There’s a lot of great information above to get a good overview of Fuquay-Varina real estate in 2012.  Need more information?  Let us know!

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*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.

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