2013 Fuquay Varina Real Estate Market Recap – A Great Year!

We love Fuquay-Varina.  The town, spanning only 8 square miles encompasses great people, terrific shops and businesses, gorgeous open space and friendly neighborhoods.  Interested in buying or selling a home in Fuquay-Varina?  Presenting the full 2013 year end Fuquay-Varina, NC real estate recap!

Fuquay-Varina NC 2013 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 2013 for single family detached homes located within Fuquay-Varina, NC.

The “0% Active” is confusing, yes… this percentage would include only those Fuquay-Varina homes that entered the MLS before January 2013, and sat on the market through the duration of the year (a high % would be alarming).  This 0% actually represents zero homes as well – great for Fuquay-Varina home buyers and sellers.

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 – Fuquay-Varina Real Estate Market in 2013

Fuquay-Varina New Active 2013 Real Estate Recap

The “New Active Listings” with 225 homes represent the number of Fuquay-Varina real estate listings that came on the market in 2013 and haven’t yet gone under contract or sold.  This includes homes that were listed in Fuquay-Varina anytime between Jan. 1st and Dec. 31st 2013.

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

Active Detached Homes Available at the End of 2013

Fuquay-Varina Active 2013 Real Estate Recap

“Active Listings” include new listings to the Fuquay-Varina market in 2013.  To get the number of homes listed before Jan. 1st 2013 we subtract new active from active which gives us zero homes in Fuquay-Varina that have been listed for over a 1 year period!  This is terrific and signifies (you guessed it) 0% of the total Fuquay-Varina real estate market.

With 225 homes for sale ranging from $69,000 to $1,075,000 with an average price of a home for sale in Fuquay-Varina being $282,025 ($266,809 in 2012) we have plenty of options for both affordable and luxury living available in the area.

Homes in Fuquay-Varina: Under Contract at 2013 Year End

Fuquay-Varina Pending 2013 Real Estate Recap

At the end of 2013 there were 54 homes under contract, or in the “pending” status in Fuquay-Varina, NC.

Homes that sold (closed) in Fuquay-Varina in 2013

Fuquay-Varina Active 2013 Real Estate Recap

Here’s the big one:  A total of 856 single family detached homes were recorded in the TMLS to have sold in Fuquay-Varina in 2013.  The average sales price in Fuquay-Varina, NC was $223,051 in 2013 ($203,721 in 2012) at $98.40 per square foot ($93.21 per square foot in 2012), closing at a healthy 98% of sales to list price (same as 2012) and sitting an average of only 79 days on the market (124 days in 2012).

There’s a lot of great information above to get a good overview of Fuquay-Varina 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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Want to know more about Fuquay-Varina, NC?  Check out our all about Fuquay-Varina, NC webpage.

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