Wake Forest NC Real Estate Market Report - December 2011
Here is the latest Real Estate Market Report for Wake Forest NC filled with the most recent and available data. The first chart is the inventory of Homes for Sale in Wake Forest NC broken into price points. As been the trend, the price point of $200,000 - $299,999 has the most Active Listings on the market.
The Absorption Rate in Wake Forest NC has been trending downwards since the beginning of the year. We are still, however, a Buyers Market as indicated by the December Absorption Rate of 7. For more information regarding the Absorption Rate and what it means to you as either a buyer or seller please visit What Is An Absorption Rate and How Does It Affect YOU?
The following chart represents the Average Sales Price and the Median Sales Price for Homes in Wake Forest NC. December 2011 is compared to December 2010 and I think you might find some surprises.
Inventory of Homes for Sale in Wake Forest NC for the month of December 2011 compared with December 2010 was lower than expected.
And for what is usually the most anticipated statistic - here is the CLOSED sales for December 2011.
If you have ANY questions regarding the Wake Forest NC Real Estate Market Report please feel free to send me an email - I'd be happy to help! I can also prepare a custom report for a specific neighborhood if you like - all you have to do is ask.
