January 2014 Raleigh Real Estate Market Recap

Raleigh Real Estate Market Recap January 2014The Raleigh real estate market is off to a great start this year!  Closing for an average sales price of $291,723, single family detached homes in Raleigh closed for an average of 97% sale to list price in January and sat on the market for an average of only 99 days.

For a snapshot of how single family detached real estate performed in January 2014, 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 25% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 26% in January 2013 and 17% in January 2012 and 12% in January 2011).  19% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in January

Raleigh New Active Homes in January

Take a peak at the new Raleigh NC Homes for Sale on the market in January

Active Raleigh Detached Real Estate for sale last month

Raleigh Active Homes in January

Raleigh offers ample opportunities for individuals and families with diverse wants and needs to find a home here.  With just over 1300 homes for sale ranging between $39,900 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 in January

Raleigh Pending Homes in January

Raleigh Homes that sold in January 2014

Raleigh Closed Homes in January

For a year over year comparison of single family detached home performance in Raleigh there were 312 sold homes in January 2014, 269 in January 2013, 215 in January 2012 and 197 in January 2011.

*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.  If you like, 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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