Raleigh Real Estate Out Performed the Previous 3 Years in October!

Raleigh October Real Estate StatsReal estate in Raleigh had a strong month, beating out the prior 3 years in percentage of closed and pending sales! Single family detached homes in Raleigh closed for an average of 98% sale to list price in October and sat on the market for an average of only 66 days (slightly lower than last month).  Improving year over year, of single family detached homes there were 393 sold homes in October this year, 347 in October 2012, 265 in October 2011 and 235 in October 2010.

For a snapshot of how single family detached real estate performed in October 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 solid 27% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 22% in October 2012 and 16% in October 2011 and 13% in October 2010).  19% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in October

Raleigh New Active October Listings

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

Active Raleigh Detached Homes for sale last month

Raleigh Active October Listings

Raleigh offers ample opportunities for individuals and families with diverse wants and needs to find a home here.  With just over 1500 homes for sale ranging between $44,500 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 Pending October Listings

Raleigh Homes that sold in October

Raleigh Closed October Listings

Recapping again, for a year over year comparison there were 393 sold homes in October this year, 347 in October 2012, 265 in October 2011 and 235 in October 2010.  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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