Raleigh Real Estate Closes 98% Sales to List Price

Raleigh Real Estate Market - August StatsAverage closings at 98% sale to list price Raleigh homes in August also closed at an average days on the market of only 63 days.  Raleigh real estate is looking strong!  Experiencing another month of triple digit jumps – Raleigh real estate closings year over year are experiencing dramatic increases.  To recap, 348 closings in August 2011, 404 closings in August 2012 and last month 527 closings August 2013.

For a snapshot of how single family detached real estate performed in August 2013, the pie chart shows the percentage of newly active listings, total active listings (on the market longer than 1 month), closed listings, and homes that went under contract last month.

A strong 30% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 24% in August 2012 and 17% in August 2011).  20% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in August

Raleigh Real Estate Market - New Active in August

Take a peak at the new Raleigh NC Homes for Sale on the market in August (in alphabetical order by subdivisions)

Active Raleigh Detached Homes for sale last month

Raleigh Real Estate Market - Active in August

Raleigh offers ample opportunities for individuals and families with diverse wants and needs to find a home here.  With just over 1600 homes for sale ranging between $42,500 and $4,850,000, with the right Realtor®, home buyers are sure to find a home that meets their needs.

Whether you’ve outgrown your home and need something larger; are relocating to the area, are empty-nesters ready to down-size, or are just looking to capitalize on the Triangle investment opportunities, locating a great match (with the right Realtor®) will not be an problem here in Raleigh.

Raleigh Real Estate that went Under Contract last month

Raleigh Real Estate Market - Pending in August

Raleigh Homes that sold in August

Raleigh Real Estate Market - Closed in August

For a year over year comparison there were 527 sold homes in August this year, 404 in August 2012 and 348 in August 2011.  Just a reminder, the above information and charts reflect only detached home activity in Wake County.

*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.

Whatever your Triangle real estate needs, we are here for you.  Give us a call and we’ll help you through your home buying and selling transitions.  With decades of experience – real estate is what we love and what we do.  Not sure if we’re right for you?  Read a bit about what some of our past clients have had to say about us in their testimonials and reviews.

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