2012 Morrisville Real Estate was Solid. Year-end Recap Included

The full 2012 year end Morrisville, NC real estate recap is ready for your review!

2012 Morrisville real estate was solid.  165 homes closed during 2012 at an average of 97% sales to list price, and in an average of only 82 days (less than 3 months) on the market… amazing.2012 Morrisville 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 Morrisville, NC.

The “0% Active” is a tad confusing.  This percentage includes only those Morrisville 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 – Morrisville Real Estate Market in 2012

2012 Morrisville Real Estate Recap - New Active Homes

The “New Active Listings” with 28 homes represent the number of Morrisville 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 Morrisville anytime between Jan. 1st and Dec. 31st 2012.

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

Active Detached Homes Available at the End of 2012

2012 Morrisville Real Estate Recap - Active Homes

“Active Listings” include new listings to the Morrisville market in 2012.  To get the number of homes listed before Jan. 1st 2012 we subtract new active from active which gives us 0 homes in Morrisville that have been listed for over a 1 year period.  This signifies (of course) 0% of the total Morrisville real estate market which speaks volumes about the health of the Morrisville real estate market.

With just 28 homes for sale ranging from $215,000 to $2,449,000 with an average price of a home for sale in Morrisville being $486,631 we have affordable living available in one Raleigh, NC‘s favorite surrounding areas.

Homes in Morrisville: Under Contract at 2012 Year End

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

At the end of 2012 there were 11 homes under contract, or in the “pending” status in Morrisville, NC.

Homes that sold (closed) in Morrisville in 2012

2012 Morrisville Real Estate Recap - Homes Closed During 2012

Here’s the big one:  A total of 165 single family detached homes were recorded in the TMLS to have sold in Morrisville in 2012.  The average sales price in Morrisville, NC was $321,653 in 2012 (higher than the Wake County average of $275,225) at $112.81 per square foot, closing at a healthy 97% of sales to list price and sitting an average of only 82 days (just under 33 months) on the market.

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