February 2014 Raleigh Real Estate Market Review

Raleigh Real Estate Market Review in February 2014Raleigh area home buyers and sellers here’s your Raleigh real estate market review for February 2014!  

Closing for an average sales price of $269,334, single family detached homes in Raleigh closed for an average of 97% sale to list price in February and sat on the market for an average of only 88 days.

For a snapshot of how single family detached real estate performed in February 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 24% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 28% in February 2013 and 19% in February 2012 and 12% in February 2011).  19% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in February

Raleigh New Active Real Estate in February 2014

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

Active Raleigh Detached Real Estate for sale last month

Raleigh Active Real Estate in February 2014

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 $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 in February

Raleigh Pending Real Estate in February 2014

Raleigh Homes that sold in February 2014

Raleigh Closed Real Estate in February 2014

For a year over year comparison of single family detached home performance in Raleigh there were 275 sold homes in February 2014, 315 in February 2013, 274 in February 2012 and 202 in February 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.

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.

Raleigh Real Estate Facts – 2013 Year End Recap

Raleigh Real Estate Recap 2013Our favorite Raleigh real estate market recap of the year – presenting the recap for 2013 Raleigh real estate!

Raleigh real estate is what we know and love, 2013 was much improved over previous years for real estate around the country and Raleigh, North Carolina continued to experience reliable stability and steady growth.

The pie chart shows the breakdown of:

  • new active listings (homes that went on the market)
  • total active listingsRaleigh 2013a Real Estate Recap
  • closed listings
  • homes that have gone under contract

during the whole of 2013 for single family detached homes located within Raleigh, NC.

The “1% Active” represents only those Raleigh homes that entered the MLS before January 2013, and sat on the market through the duration of the year (a high % would be alarming).

While the pie chart is a little arbitrary on its own, we include it to help paint the full picture for the stats below.

New 2013 Raleigh Real Estate Homes for Sale

Raleigh New Active 2013 Real Estate Recap

The “New Active Listings” with 1,233 homes represent the number of Raleigh 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 Raleigh anytime between Jan. 1st and Dec. 31st 2013.

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

Active Detached Homes Available at the End of 2013

Raleigh Active 2013 Real Estate Recap

“Active Listings” include all active listings on the market at the end of 2013 in Raleigh.  To get the number of homes listed before Jan. 1st 2013 we subtract new active from active which gives us:  34 homes in Raleigh that have been listed for over a 1 year period (compared to 91 in 2012).  This signifies only 1% of the total Raleigh real estate market which is a pretty healthy number.

With just under 1,500 homes for sale ranging from $39,900 to $4,850,000 with an average price of a home for sale in Raleigh being $414,390 (compared to $359,001 last year) we have affordable living available in one of the greatest cities in America (more on that in our collection of  Triangle area accolades).

Raleigh Homes Under Contract at the End of 2013

Raleigh Pending 2013 Real Estate Recap

At the end of 2013 there were 227 homes under contract, or in the “pending” status in Raleigh, NC.

Homes sold in Raleigh in 2013

Raleigh Closed 2013 Real Estate Recap

Here’s the big one:  A total of 5,389 single family detached homes were recorded in the TMLS to have sold in Raleigh in 2013 (compared with 4,394 in 2012).  The average sales price was $285,206 (compared with $276,168 in 2012) at $116.09 per square foot ($110.89 in 2012), closing at a healthy 98% of sales to list price (97% in 2012), and sitting an average of only 72 days on the market (117 days in 2012).

There’s a lot of great information above to get a good overview of 2013 Raleigh real estate.  Want more info?  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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Is buying or selling a home on your list of 2014 resolutions?  Call us.  Want to learn more about us?  Read what some of our past clients have had to say:  testimonials and reviews.

Want to know more about Raleigh, NC?  Check out our all about Raleigh, NC webpage.

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.

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.

Raleigh Real Estate Beats Previous 2 Years – September 2013 Recap

Raleigh Real Estate Market Stats - SeptemberRaleigh real estate stats in September beat out both the 2012 and 2011 September stats!  Last month single family detached homes in Raleigh closed for an average of 98% sale to list price in September and sat on the market for an average of only 67 days (slightly higher than last month).  Experiencing another month of triple digit jumps – Raleigh real estate closed 403 homes in September 2013, 346 closings in September 2012 and 287 closings September 2011 (single family detached homes only).

For a snapshot of how single family detached real estate performed in September 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 strong 26% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 23% in September 2012 and 15% in September 2011).  19% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in September

Raleigh New Active Homes - September

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

Active Raleigh Detached Homes for sale last month

Raleigh Active Homes - September

Raleigh offers ample opportunities for individuals and families with diverse wants and needs to find a home here.  With just over 1600 homes for sale ranging between $46,900 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 last month

Raleigh Pending Homes - September

Raleigh Homes that sold in September

Raleigh Closed Homes - September

Recapping again, for a year over year comparison there were 403 sold homes in September this year, 346 in September 2012 and 287 in September 2011.  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.

Raleigh Real Estate Closes 98% Sales to List Price

Raleigh Real Estate Market - August StatsAverage closings at 98% sale to list price Raleigh homes in August also closed at an average days on the market of only 63 days.  Raleigh real estate is looking strong!  Experiencing another month of triple digit jumps – Raleigh real estate closings year over year are experiencing dramatic increases.  To recap, 348 closings in August 2011, 404 closings in August 2012 and last month 527 closings August 2013.

For a snapshot of how single family detached real estate performed in August 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 strong 30% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 24% in August 2012 and 17% in August 2011).  20% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in August

Raleigh Real Estate Market - New Active in August

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

Active Raleigh Detached Homes for sale last month

Raleigh Real Estate Market - Active in August

Raleigh offers ample opportunities for individuals and families with diverse wants and needs to find a home here.  With just over 1600 homes for sale ranging between $42,500 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 Real Estate Market - Pending in August

Raleigh Homes that sold in August

Raleigh Real Estate Market - Closed in August

For a year over year comparison there were 527 sold homes in August this year, 404 in August 2012 and 348 in August 2011.  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.

Raleigh Real Estate Closings Jump in July

Raleigh Real Estate Market - July StatsTriple digit jumps – Raleigh real estate closings year over year are experiencing dramatic increases.  To recap, 331 closings in July 2011, 404 closings in July 2012 and last month 538 closings July 2013.  For an overview of how single family detached real estate performed in July 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 strong 32% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 25% in July 2012 and 15% in July 2011).  19% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in July

Raleigh Real Estate Market - New Active in July

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

Active Raleigh Detached Homes for sale last month

Raleigh Real Estate Market - Active in July

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 $29,700 and $4,500,000, 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 Real Estate Market - Pending in July

Raleigh Homes that sold in July

Raleigh Real Estate Market - Closed in July

For a year over year comparison there were 404 sold homes in July of last year and 331 closed homes in July 2011.  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.

Raleigh Sells More Homes Year over Year – June Recap

Raleigh Real Estate June StatsRaleigh real estate stats show that the number of Raleigh’s closed homes are up year over year for June.  Recapping how single family detached real estate performed in June 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 strong 32% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 25% in June 2012 and 16% in June 2011).  19% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in June

Raleigh Real Estate New Active in June

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

Active Raleigh Detached Homes for sale last month

Raleigh Real Estate Active in June

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 $42,500 and $4,500,000, 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 Real Estate Pending in June

Raleigh Homes that sold in June

Raleigh Real Estate Closed in June

For a year over year comparison there were 461 sold homes in June of last year and 367 closed homes in June 2011.  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.

581 Homes Sold for an Average of $282,855 in Raleigh – May Recap

May 2013 Raleigh Real Estate Stats

Raleigh real estate stats show great home buyer demand.  Recapping how single family detached real estate performed in May 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 strong 37% of the Raleigh real estate activity accounted for either closed or pending transactions (compared with 35% last month, 15% in May of last year and 15% in May 2011).  20% of the activity accounting for newly active listings.

Newly Active Raleigh Real Estate in May

May 2013 New Active Raleigh Real Estate

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

Active Raleigh Detached Homes for sale last month

May 2013 Active Raleigh Real Estate

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 $21,900 and $4,500,000, 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

May 2013 Pending Raleigh Real Estate

Raleigh Homes that sold in May

May 2013 Closed Raleigh Real Estate

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.