Wake Forest Real Estate Market Recap - October 2011

Wake Forest Real Estate is looking good! Before we jump into the October real estate stats for Wake Forest we wanted to take a moment to showcase this unique real estate investment opportunity.

Offering 2 bedrooms, 2 baths and 1144 square feet, this Wake Forest real estate gem has no HOA dues, is in move-in condition and has hardwood floors throughout most of the 1st floor! Looking for a Wake Forest, NC real estate investment opportunity? Look no further!

Jumping into the real estate stats this month you'll notice that like last month, in October 15% of the real estate activity in Wake Forest either Closed (SOLD) or went under contract (pending), compared with 13% new active listings that came on the market. This indicates a strengthening real estate market as the absorption rate remains steady or improves.

The pie chart on the left breaks down the number of detached homes in Wake Forest that were active, newly active, went under contract or closed last month.

If you don't yet live in Wake County or in Wake Forest, NC but are you're considering moving to Wake County or Wake Forest, NC or even if you're planning on selling a home in Wake Forest, NC, it's important to have the right information.

The table below shows the break down of the detached homes for sale in Wake Forest NC that went newly active in the Wake Forest Real Estate Market in October:

Wake Forest Detached homes that SOLD during the month of October

*Any reference to TMLS data is based on information
from Triangle MLS, which neither guarantees nor is in any way
responsible for its accuracy. All data is provided ‘AS IS’ and with all
faults. Data maintained by Triangle MLS may not reflect all real estate
activity in the market.