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

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Raleigh Housing Market
June 2015

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

June
2014

1,765
$283,585
51
6,536
June
2015

2,154
$301,131
44
5,364
Annual
Change

+22.0%
+6.2%
-13.7%
-17.9%

HOT-HOT Weather and Home Sales!

Raleigh Closed Sales: June was sizzling hot! Sales were up 22% over last year's sales. Buyers are buying!

Average Raleigh Sales Price: June's average sales price rose again to 6.2% over last year's average price. The average sale price for a home in Raleigh is now at $301,131.

Days On Market: The average days on the market until a home is still going down as the shortage of inventory continues. It now stands at an average of 44 days. That's down over 13% from last year.

Raleigh Active Listings: The total active listings is still down by double digits. Listings are down almost 18% from last year at this time. The number of homes for sale in June of 2015 stood at 5,364 in Wake County.

Home Sales Hit Highest Sales Month In Years

June was an extremely busy month. Homes were flying off the shelves. Multiple offers were commonplace and most everyone was happy - sellers were happy with the price they received and buyers were happy with the home they fought for and won.

Prices continued to gain traction. The Average Sales Price increased 6.2% to $301,131. Days on Market were down 13.7% to 44 days. It continues to be advantageous for Sellers as Months' Supply of inventory was down 24.1%

The market remained HOT throughout the first half of the year. Inventory continues to drop a little, but there's new listings every day so plenty of great homes to take a look at. If you're a buyer, the summer is a great time to buy as some sellers are more motivated having missed the spring season. If you want a quick real estate tour, Contact us, we'd love to show you around!

Interest rates remain very low although they are bouncing along a little higher than last year as rates slowly creep upward. Expectations remain that the Fed will begin raising interests rates later this year.

The National Economy continues to incrementally improve with almost all economic data points slowly grinding upwards to support improving real estate markets across the nation.

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 - June 2015

Raleigh Housing Market Updates - June 2015

North Raleigh Housing Market Updates - June 2015

Inside The Beltline Housing Market Updates - June 2015

Cary/Apex/Morrisville Housing Market Updates - June 2015

Wake Forest Housing Market Updates - June 2015

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 me Today at 919-280-2726

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Email Us or Call Us Today at 919-624-6726

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