APEX, NC Home Prices and Sales - September, 2013

Apex NC Home Sales Summary September, 2013

The median sales price for homes in Apex NC for Jun 13 to Aug 13 was $274,000. This represents a decline of 3.9%, or $11,250, compared to the prior quarter and an increase of 12.8% compared to the prior year.

Sales prices have appreciated 6% over the last 5 years in Apex. The average listing price for Apex homes for sale was $349,399 for the week ending Sep 18, which represents an increase of 1%, or $3,616, compared to the prior week and an increase of 0.2%, or $804, compared to the week ending Aug 28.  Real estate is ALMOST ALWAYS a solid investment over a period of 5 or more years.

The number of listings continue to decline.  This means that there are fewer homes for the pool of buyers.  More than one offer on a home that is priced right & shows well is becoming the norm.  If you have been thinking of selling – NOW IS THE TIME!  Give me a call and I will give you accurate information on the value of your home in today’s market as well as tips and support for a smooth, successful sale.

Average price per square foot for Apex NC was $117, a decrease of 3.3% compared to the same period last year. 

Popular neighborhoods in Apex include Scotts Mill, Haddon Hall, Miramonte, Charleston Village, Bradley Terrace, and Sunset Hills.

Popular Neighborhoods in Apex

Neighborhoods	Week ending Sep 18	w-o-w	Week ending Sep 11	Week ending Sep 4
Scotts Mill	1	+2	3	1
Haddon Hall	2	-1	1	7
Miramonte	3	+5	8	2
Charleston Village	4	—	4	4
Bradley Terrace	5	+6	11	17
Sunset Hills	6	-4	2	5

Click HERE to view homes for sale in Apex, NC and all the other neighboring towns.  Call me for a FREE home analysis and I will share my exclusive professional marketing plan that gets results for my home sellers.

Comments and questions are always welcome!

* Source:  Trulia

Elizabeth Scott, Realtor®, Broker
e-PRO, Strategic Pricing Specialist

Fathom Realty NC, LLC  
Phone: 919.306.9699
Email

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Triangle North Carolina Home Sales Continue to Rise!

TRIANGLE NC HOME SALES CONTINUE TO RISE!

It appears as though the somewhat higher mortgage rates have not had any effect on the sales of homes in the Triangle, NC -– yet.  Perhaps the thought that mortgage rates may rise even higher is spurring this demand.  What do you think?  

I continue to see more competitive offers for homes that are priced right

August 2013 Quick Home Sales and Price Facts

Average Sales Price UP 4.2 percent

 Number of Days on Market (time it took to sell) is DOWN to 93 days 

Number of closed sales UP 19.4 percent

 - Available Inventory of Homes DOWN 8.7 percent 

 - Number of homes that went under contract INCREASED to 2,829 

 - Yet, inventory levels shrank to 13,727

 Months supply of inventory is down to less than 6 months

The Federal Reserve, global economic conditions, gas prices and stock market shifts all have an effect on consumer feelings which, in turn, affect our housing market.  We have seen some positive grown in the labor market and, while it is still a bit lukewarm the Fall Home Market Selling Season is very optimistic.

Would you like to know what the home sales and prices are in your neighborhood?  Get in touch and let me know -- you may be happily surprised!

Source:  Triangle MLS

BE SAVVY...CALL THE SMART REALTOR

Elizabeth Scott, Realtor®, Broker
e-PRO, Strategic Pricing Specialist

Fathom Realty NC, LLC      
Phone: 919.306.9699
Email

Search for Homes Now

Great Info on our Local Real Estate Market

My LinkedIn Profile

Here Comes NC 540...Again!

Proposed Route NC 540 – Triangle Expressway – Routes and Study Plan

NCDOT has gotten the green light to return their focus on completion of Route 540 – what they are calling the Triangle Expressway.

There has been considerable controversy about the proposed routes and I’ve got all the info for you.  

Areas that are yet to be affected by the highway are

- Southeast Apex

- Holly Springs

- Garner

- Northern Fuquay Varina

- Southern Knightdale

Three public meetings are scheduled that will allow the NCDOT to present information and maps and meet with the public to collect your input.  Further information will be mailed to those communities in the study area.  Here are the dates & locations:

Mon., Oct. 14, 2013, 4 – 7 p.m.
Wake Tech Community College
9101 Fayetteville Road
Raleigh, NC 27603

Tues., Oct. 15, 2013, 4 – 7 p.m.
Barwell Road Community Center
3935 Barwell Road
Raleigh, NC 27610

Wed., Oct. 16, 2013, 6 – 9 p.m.
Holly Springs High School
5329 Cass Holt Road
Holly Springs, NC 27540

For more information click HERE

To see a copy of the study area and proposed roads, click HERE

Would you like to know the value of your home?  Let me know & I'll be happy to send you my free market analysis with information on home sales and prices in your neighborhood.

Elizabeth Scott, Realtor®, Broker
e-PRO, Strategic Pricing Specialist

Fathom Realty NC, LLC      
Phone: 919.306.9699
Email

Search for Homes Now

Great Info on our Local Real Estate Market

My LinkedIn Profile

Home Sales and Prices in Triangle, NC

Home Sales and Prices in Triangle, NC

Home sales and price information for the Triangle Area, NC are in for July, 2013.  Good news for everyone!

Prices are rising, and interest rates turned upward, yet affordability is still there for folks looking to purchase homes.

Median Sales Price (the point at which exactly half are higher and half are lower) increased 5.5 percent to $202,559.

The Average Home Sale Price in the Triangle, NC is $242,153

Days on Market decreased 17.5 percent to 95 days

I know my sellers are VERY happy about this!

New Listings (a count of properties that have been newly listed on the market) went up 10.7 percent to 3,533.ent up 10.7 percent to 3,533.

Closed Sales (actual number of transactions that sold) were up 34.3 percent

Inventory levels (the number of residential homes available) shrank to 9.9 percent – 13,882 units.  This is important because it affects asking price:  more homes available = lower prices / fewer homes available = higher prices

Absorption rates are great!  Months Supply of Inventory is now at 6.0 months - we are at a balanced market. 

Do you want to know what’s happening in your neck of the woods?  Just visit my website by CLICKING HERE and choose the tab, “Market Insider”.  Enter your ZIP code & read all about it!

Want to know what your neighbors’ homes are selling for?  How about prices and sales in your neighborhood or subdivision?   Contact me through my website listed above and I'll answer all your questions.

Be Savvy...Call the Smart Realtor

Elizabeth Scott, Realtor®, Broker
e-PRO, Strategic Pricing Specialist

Fathom Realty NC, LLC      
Phone: 919.306.9699
Email

Search for Homes Now

Great Info on our Local Real Estate Market

My LinkedIn Profile