Great Stats! 2012 Knightdale Real Estate Recap

Knightdale 2012 Real Estate RecapRelocating to or selling a home in Knightdale, NC?  Presenting the full 2012 year end Knightdale, NC real estate recap!

2012 Knightdale real estate was solid.  361 homes closed during 2012 at an average of 98% sales to list price, and in an average of only 102 days (less than 3.5 months) on the market… great stats!

The pie chart shows the breakdown of:

2012 Knightdale Real Estate Recap

  • 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 Knightdale, NC.

The “1% Active” is a tad confusing.  This percentage includes only those Knightdale 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).

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 – Knightdale Real Estate Market in 2012

2012 Knightdale Real Estate Recap - New Active Homes

The “New Active Listings” with 100 homes represent the number of Knightdale 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 Knightdale anytime between Jan. 1st and Dec. 31st 2012.

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

Active Detached Homes Available at the End of 2012

2012 Knightdale Real Estate Recap - Active Homes

“Active Listings” include new listings to the Knightdale market in 2012.  To get the number of homes listed before Jan. 1st 2012 we subtract new active from active which gives us only 6 homes in Knightdale that have been listed for over a 1 year period.  This signifies 1% of the total Knightdale real estate market which is definitely a healthy stat.

With just over 100 homes for sale ranging from $59,900 to $309,990 with an average price of a home for sale in Knightdale being $180,625, Knightdale offers affordable living in convenient proximity to Raleigh, NC.

Homes in Knightdale: Under Contract at 2012 Year End

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

At the end of 2012 there were 42 homes under contract, or in the “pending” status in Knightdale, NC.

Homes that sold (closed) in Knightdale in 2012

2012 Knightdale Real Estate Recap - Homes Closed During 2012

Here’s the big one:  A total of 361 single family detached homes were recorded in the TMLS to have sold in Knightdale in 2012.  The average sales price in Knightdale, NC was $163,015 in 2012 (lower than the Wake County average of $275,225) at $81.17 per square foot, closing at a healthy 98% of sales to list price and sitting an average of only 102 days (just under 3.5 months) on the market.

There’s a lot of great information above to get a good overview of Knightdale 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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Comments

  1. This is very interesting and very helpful especially for home buyers and sellers in the

    neighborhood! =)

    Homes in North Carolina

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