Presenting the 2012 Garner Real Estate Recap

2012 Garner real estate was solid and the full 2012 year end Garner, NC real estate recap is ready for your review!  306 homes closed during 2012 at an average of 97% sales to list price, and in an average of 112 days (approximately 4 months) on the market.

2012 Garner 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 Garner, NC.

The “1% Active” is confusing – this percentage includes only those Garner 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 percentage 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 – Garner Real Estate Market in 2012

2012 Garner Real Estate Recap - New Active Homes

The “New Active Listings” off 133 homes represents the number of Garner 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 Garner anytime between Jan. 1st and Dec. 31st 2012.

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

Active Detached Homes Available at the End of 2012

2012 Garner Real Estate Recap - Active Homes

“Active Listings” include new listings to the Garner market in 2012.  To get the number of homes listed before Jan. 1st 2012 we subtract new active from active which gives us 3 homes in Garner that have been listed for over a 1 year period.  This signifies (of course) 3% of the total Garner real estate market which speaks volumes about the health of the Garner real estate market.

With 136 homes for sale ranging from $52,000 to $725,000 with an average price of a home for sale being $203,499, Garner offers affordable living in one Raleigh, NC‘s favorite surrounding areas.

Homes in Garner: Under Contract at 2012 Year End

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

At the end of 2012 there were 19 homes under contract, or in the “pending” status in Garner, NC.

Homes that sold (closed) in Garner in 2012

2012 Garner Real Estate Recap - Homes Closed During 2012

Here’s the big one:  A total of 306 single family detached homes were recorded in the TMLS to have sold in Garner in 2012.  The average sales price in Garner, NC was $163,000 in 2012 (more affordable than the Wake County average of $275,225) at $82.62 per square foot, closing at a healthy 97% of sales to list price and sitting an average of 112 days (approximately 4 months) on the market.

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