Apex NC 2012 Real Estate Recap

Apex year end real estate recapSelling a home or moving to Apex, NC?  Presenting the full 2012 year end Apex, NC real estate recap!

2012 Apex real estate was solid.  890 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… amazing.2012 Apex 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 Apex, NC.

The “1% Active” is a tad confusing.  This percentage includes only those Apex 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 – Apex Real Estate Market in 2012

2012 Apex Real Estate Recap - New Active Homes

The “New Active Listings” with 270 homes represent the number of Apex 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 Apex anytime between Jan. 1st and Dec. 31st 2012.

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

Active Detached Homes Available at the End of 2012

2012 Apex Real Estate Recap - Active

“Active Listings” include new listings to the Apex 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 Apex that have been listed for over a 1 year period.  This signifies 1% of the total Apex real estate market which is definitely a healthy stat.

With just over 375 homes for sale ranging from $61,500 to $1,750,000 with an average price of a home for sale in Apex being $355,781 we have affordable living available in one Raleigh, NC‘s favorite surrounding areas.

Homes in Apex: Under Contract at 2012 Year End

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

At the end of 2012 there were 88 homes under contract, or in the “pending” status in Apex, NC.

Homes that sold (closed) in Apex in 2012

2012 Apex Real Estate Recap - Homes Closed During 2012

Here’s the big one:  A total of 890 single family detached homes were recorded in the TMLS to have sold in Apex in 2012.  The average sales price in Apex, NC was $294,342 in 2012 (higher than the Wake County average of $275,225) at $113.83 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 Apex 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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