February 2011 Recap
Wondering How the Triangle Real Estate Market is Looking?

The results of the 2010 census are in and the data speaks volumes about how strong the attraction to the Triangle has been over the last decade.

According to the 2010 North Carolina Census, 5 (yes FIVE) Triangle towns more than DOUBLED the number of residents since the year 2000. The towns were Holly Springs, Morrisville, Wake Forest, Fuquay-Varina and Rolesville, NC. WOW that is tremendous growth!

If you’re considering moving to Wake County NC or even if you’re planning on selling a home in Wake County, it’s important to have the right information.

Our goal is to provide you with a good overview of how homes for sale in Wake County performed during the month of February.

The information below includes detached homes located within Wake County. If you’re interested in a report for townhomes and condos or land, please don’t hesitate to contact us and we are happy to gather information specific to your search.

The chart to the left breaks down the percentages of:

  • new active homes listed in February

  • total homes for sale (active)

  • homes that sold

  • homes under contract (pending) at the end of February 2011




If you would like more specific information on these areas around the Triangle, see the links below to our blog where we’ve posted individual February 2011 area market reports:

To break down the information above even further, the table below details Raleigh, Cary, Apex, Morrisville, Holly Springs, Wake Forest, Garner, Fuquay-Varina and Knightdale by how many:

  • New Active homes entered the housing market in February
  • Total Active homes were listed during the month (excludes the # of New Active homes as not to be redundant or skew the numbers)
  • Homes Closed during February
  • Homes that went under contract (Pending) during February
  • Average Days on the Market homes were listed before closing







Average Number of Days on the Market before Closing

The graph below indicates the average number of days a single family detached home remained on the market (includes only those homes that closed in February 2011).

If you are selling your home this should help give a quick overview of how long you can expect it will take to sell your home, IF it is priced right. Again the table above lists the average days on the market for those homes that were closed during JanuaryFebruary 2011.

If you are interested in finding out how your home stacks up against the competition, we offer a free Comparative Market Analysis. If you would like to know how we can market your home to get the best deal possible in the shortest amount of time, browse our Triangle home selling section or request a free pamphlet on how to get your home sold fast. When you’re ready, contact us and we’ll work together to get your home sold.

The information below will give an idea of what your options are as home buyers.

Triangle Homes for Sale - February 2011

Triangle Homes for Sale - February 2011

Homes Under Contract During February 2011

Homes Under Contract During February 2011

Number of Homes that Sold in February 2011

Number of Homes that Sold in February 2011

If you would like to discover what is on the market now that matches your unique criteria sign up for your own gateway and receive new listings as they enter the Triangle real estate market.

Should you have any questions regarding the information above or if you would like more detailed information please don’t hesitate to contact us.

We’re always happy to answer questions, listen to concerns and work together. Whether you are buying or selling a home, we are here to create a smooth transition and fulfill your real estate needs.

Disclaimer: 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. Realtor is a registered trademark of the National Association of Realtors.