Wake Forest Real Estate Market Recap - November 2011

The Wake Forest Real Estate market had a strong month!

Jumping right into the real estate stats this month you'll notice that 17% of the real estate activity in Wake Forest either Closed (SOLD) or went under contract (pending) this month. In September and October the sold and pending homes accounted for 15% of the real estate activity. This month, 11% of activity accounted for the new active listings available. 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 November:

Wake Forest Detached homes that SOLD during the month of November

*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.