Raleigh, NC Buyers Enjoying a Successful Spring Market

Apr 22, 2015

Home contractIt’s been a great spring home buying market so far on the local housing market, according to the latest real estate data.

After all, the median sales price as well as the total number of home sales have decreased – meaning that home buyers have a great chance to get a fantastic price for a Raleigh area home.

If you’re considering relocating anytime soon to the Raleigh real estate market, continue reading to learn more about the current state of the market.

An Overview of Recent Raleigh Home Sales Activity

Here are the highlights of the latest report from the Raleigh housing market:

  • Currently there are 2,100 homes for sale on the market, including 618 in some stage of the foreclosure process.
  • Between January and April, the average price per square foot for homes was $129, up 7.5 percent from the same period last year.
  • Also during that time period, the median sales price for homes was $200,000, based on 825 home sales.
  • Compared to the same period last year, the median home sales price decreased 2.8 percent, or $5,750.
  • And the number of home sales decreased 45.8 percent.
  • During the week ending on April 15, the average listing price for homes was $369,650.
  • That figure is down 0.1 percent, or $526, from the week before.
  • Broken down specifically, the average listing price for a 1-bedroom home was $165,293
  • The average listing price for a 2-bedroom home was $174,549
  • The average listing price for a 3-bedroom home was $250,284
  • And the average listing price for a 4-bedroom home was $472,797

We’ll Help You Find Your Dream Home in Raleigh!

As you can see, now is a really great time to get a fantastic deal on a Raleigh home for sale.

Contact us at The Rachel Kendall Team today to chat with us about what you’re looking for in a home for sale and to discuss how we can provide expert help.

We’ll also be happy to provide you with information on available listings for sale as well as home buying resources.

Until next time,


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