Raleigh Real Estate Market Report for November 2013

Raleigh November Real Estate StatsNovember was a solid month for Raleigh real estate market statistics!  Closing for an average sales price of $397,512, single family detached homes in Raleigh closed for an average of 98% sale to list price in November and sat on the market for an average of only 67 days (slightly higher than last month).  Improving year over year, of single family detached homes there were 359 sold homes in November this year, 335 in November 2012, 257 in November 2011 and 215 in November 2010.

For a snapshot of how single family detached real estate performed in November 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.

Last month a solid 27% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 23% in November 2012 and 17% in November 2011 and 13% in November 2010).  16% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in November

Raleigh New Active Real Estate - November

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

Active Raleigh Detached Homes for sale last month

Raleigh Active Real Estate - November

Raleigh offers ample opportunities for individuals and families with diverse wants and needs to find a home here.  With just under 1500 homes for sale ranging between $43,000 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 Real Estate - November

Raleigh Homes that sold in November

Raleigh Closed Real Estate - November

Recapping again, for a year over year comparison there were 359 sold homes in November this year, 335 in November 2012, 257 in November 2011 and 215 in November 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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