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
November 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

November
2013

1,161
$270,724
55
5,780
November
2014

1,161
$271,383
61
4,996
Annual
Change

0.0%
+.2%
+10.9%
-13.6%

Thanksgiving Time and Market Takes a Breather

Raleigh Closed Sales:November sales are exactly where they were in November of last year. 1,161 homes sold last year in November - 1,161 homes sold this year in November.

Average Raleigh Sales Price: Good news! The November average sales price was up to $271,383. That's up 2% from November of last year.

Days On Market: The average days on the market until a home sells is now at 61 in Wake County. That's up from last November's 55 days.

Raleigh Active Listings: The total active listings are down by a 13.6% from last year part continual thin market - part seasonal.

Some Quick Conclusions

Home Sales: in November were exactly where they were at this time last year. The Market is in our standard slower season as people focus on family and friends. Markets are active but not frantic, it's a great time to shop for a new home right now at a slower pace. If you're looking for the perfect home, We've Got It...Come take a look!

No other way to say it except - Home sales were becalmed this month - no movement from last year. If we look a little closer however we can see that New Construction home sales rose 10 over last month where existing home sales dipped bit - resulting in a zero gain.

We had a little burst of activity in early November but as usual we expect the second half December will be slow due to the holidays. January will quickly ramp up and should be a strong month for sales.

Interest rates remain low and Lenders continue to very slowly ease credit standards for home loans. Both Fanny Mae and Freddie Mac have announced pending decreases in down payment requirements expected to kick in very soon.

The National Economy continues to steadily improve with a strong jobs report issued in early December. It now looks like the 4th quarter will close stronger than expected which should bode well for real estate markets both locally and nationally.

If you're looking for a No Hassle-No Pressure Realtor to show you around we'd love to help. We specialize in the Triangle communities and surrounding areas. We sell a lot of homes 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 - November 2014

Raleigh Housing Market Updates - November 2014

North Raleigh Housing Market Updates - November 2014

Inside The Beltline Housing Market Updates - November 2014

Cary/Apex/Morrisville Housing Market Updates - November 2014

Wake Forest Housing Market Updates - November 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