Raleigh Realtor Erin Bohner
Raleigh Real Estate
Raleigh Real Estate
6020 Creedmoor Road, Raleigh, NC 27612 ~ Direct: (919) 624-6726 ~ Cell: (919) 280-2726 ~ Fax: (919) 781-0413 EdandErin@EdandErin.com

Home    North Raleigh Homes    Midtown Raleigh Homes    Raleigh Luxury Homes    Wake Forest Homes    Cary Homes    North Carolina Triangle

Raleigh Housing Market
February 2014

Raleigh Real Estate

Homes in Wake County
Data from Triangle Multiple Listing Service



Closed Sales
Average Sales Price
Average Days On Market Until Sale
Number of Homes For Sale

February
2013

980
$231,543
109
5,811
February
2014

944
$254,644
99
5,325
Annual
Change

-3.7%
+10.0%
-9.2%
-8.4%

Baby It's Cold Outside

Raleigh Closed Sales: This February was colder by far than last year and the closed sales show we don't like the cold. Sales are down this month by almost 4% from last year at this time.

Average Sales Price: The February average sales price was $254,644, up 10% from $231,543 in February of 2013. We remain positive and expect this trend will continue throughout the spring and into the summer.

Days On Market: It stands at 99 this month and that's down 9.2% from last year. This makes sense when you have a limited inventory. The brave souls that ventured out in the cold wasted no time in buying up the homes that looked good.

Raleigh Active Listings: Active listings now stand at 5,325, down 8.4% from last year's 5,811. If you want to sell this Spring, you need to List Right Now or you'll miss the season and we need those homes!

The unusually cold weather kept people tucked inside.

February was cold. We aren't used to this coldness and local buyers, for the most part, stayed inside to keep warm. However, we had an avalanche of buyers from the northeast corridor calling us to say, "We're leaving and heading south." The infamous Polar Vortex is blowing people our way. There is an upside to everything!

Lots of our listings sold last month and we need more. We have buyers waiting in the wings for the "perfect home" If you're thinking about selling, Call me!

If you're a seller, people have been stuck inside and now they are ready to go. Our calendar is packed with people from the North coming down in April and May with the sole purpose of buying a home. Get Ready! Make sure your home shows at its absolute best or you'll be left in the dust. The homes that show best always sell first! If you're a buyer, we're here to help and we ARE NOT pushy sales people! Our business model says: Be helpful, answer all their questions and make sure they have a good time.

We continue to feel quite strongly that if you're a buyer now is the time to pull the trigger. Interest rates are still historically low but we expect them to be higher by the end of this year. Frankly we're surprised rates are staying at these lower levels.

Inventory that usually hits the market now is a little delayed with the cold so the choices out there now are getting a lot of action. We expect a large increase in the next month. Prices are slowly going up and that's good for sellers. The market is well positioned in a slow steady uptrend which is a good time in the cycle to buy.

If you're looking for a No Hassle-No Pressure Realtor to show you around we'd love to help. We specialize in Raleigh, Cary and the surrounding areas. We're experts on retirement properties, new construction, furrowing out the best properties. We sell a lot of homes a year so we know what we're doing. We love meeting people and helping them find their Dream Home. Contact us and we can help you too:-)

Raleigh Home Buyers and Sellers

Feel free to contact us with your questions. We're easy to talk to and we can answer any questions you might have about current market conditions, interest rates or where Raleigh home prices are headed. If you're interested in talking about listing your home we'd be happy to provide our recommendations on how best to proceed to market your home.

We'll also provide you with a Raleigh Neighborhood Report that will let you know what has been happening with home sales in your individual neighborhood.

The Raleigh Housing Market Reports below will give you a detailed look inside the current and past Raleigh Area Housing Market.

Wake County Housing Market Updates - February 2014

Raleigh Housing Market Updates - February 2014

North Raleigh Housing Market Updates - February 2014

Inside The Beltline Housing Market Updates - February 2014

Wake Forest Housing Market Updates - February 2014

Raleigh Housing Market Report Archives

If you have questions about the Raleigh Real Estate Market,
or what your Raleigh home is worth Email Us or Call Us Today at 919-280-2726

Share

Raleigh Homes For Sale
Raleigh
Homes
For Sale
Raleigh Luxury Homes For Sale
Raleigh
Luxury
Homes
North Raleigh Homes For Sale
North
Raleigh
Homes
Midtown Raleigh Homes For Sale
Midtown
Raleigh
Homes
Raleigh Homes Inside The Beltline
Raleigh
Inside The
Beltline
Raleigh New Homes For Sale
Raleigh
New
Homes
Raleigh Townhomes & Condos
Raleigh
Townhomes
& Condos
Raleigh Golf Homes For Sale
Raleigh
Golf
Homes
Cary Homes for Sale
Cary
Homes
For Sale
durham Homes for Sale
Durham
Homes
For Sale
Wake Forest Homes for Sale
Wake
Forest
Homes
Raleigh Triangle Area Homes
North
Carolina
Triangle
Raleigh Home Buyers Information
Raleigh
Home
Buyers
FuRaleigh Home Sellers Information
Raleigh
Home
Sellers
Raleigh Community Information
Raleigh
Community
Information
Fun Things To Do In Raleigh
Raleigh
Fun
Stuff
Raleigh Schools
Raleigh
Triangle
Schools
About Raleigh Realtors Ed & Erin
All
About
Ed & Erin


Angier Homes for Sale  
Apex Homes for Sale   
Chapel Hill Homes for Sale   
Clayton Homes For Sale   
Creedmoor Homes for Sale    
Fuquay Varina Homes for Sale  
Garner Homes for Sale  
Hillsborough Homes for Sale  
Holly Springs Homes for Sale  
Knightdale Homes for Sale  
Lillington Homes for Sale  
Morrisville Homes for Sale  
Pittsboro Homes for Sale  
Rolesville Homes for Sale  
Wendell Homes for Sale  
Willow Springs Homes for Sale  
Youngsville Homes for Sale  
Zebulon Homes for Sale  

If you have questions about any homes in Raleigh or any North Raleigh Homes
Email Us or Call Us Today at 919-624-6726

Return to Homes in Raleigh Home Page

Content By Erin Bohner
North Raleigh Homes - Midtown Homes - Inside The Beltline Homes - Raleigh Luxury Homes - Wake Forest Homes - Cary Homes - Raleigh Subdivisions
Raleigh Luxury Subdivisions - North Raleigh Subdivisions - Midtown Raleigh Subdivisions - Inside The Beltline Subdivisions
Raleigh Golf Homes - Bedford at Falls River - Barton's Creek - Falls River - Long Lake - Raleigh Schools - Buyers - Sellers
Raleigh Fun - Raleigh Restaurants - Community Info - Raleigh Utilities - Raleigh Weather
About Us - Contact Us - Privacy - Partners - Resources - Site Map

Bookmark Homes In Raleigh 
   
Copyright ©1999-2013 All Rights Reserved

Copywrite Protected