Wake County real estate in October had a higher percentage of closed and pending single family detached homes than any other October in the previous 3 years!
The pie chart compares the percentages of listings that are new to the market, active (for more than 1 month), closed, and went under contract, last month. In October 2013 28% of real estate activity either closed or went under contract. Comparing year over year, this 28% is a substantial increase over the 25% in October 2012, 16% in October 2011 and 14% in October 2010 for single family detached closed and pending sales.
Closed homes averaged only 61 days on the market for those single family detached homes last month, with lower priced homes selling on average much more quickly than higher. At an average of 98% sale to list price, demand for Wake County real estate is strong. Are you in the market for Wake County real estate? Our goal is to provide the service and information you need for your relocation.
Monthly we release our full Wake County real estate market reports revealing how our areas single family detached homes performed as a whole month over month.
Wake County Newly Listed Real Estate – October 2013
Take a peak at the new Wake County NC Homes for Sale on the market in October (in alphabetical order by subdivisions).
Active Wake County Real Estate in October
With just over 3,500 homes for sale ranging from $32,900 to $4,850,000 with an average price of a home for sale in Wake County being (slightly lower than last month) $374,766 we have ample options to meet the needs of even the most fastidious tastes, in one of the greatest cities in America (more on that in our collection of Triangle area accolades).
Wake County Pending Real Estate Last Month
Wake County Real Estate Closed in October, 2013
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.
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