Real Estate Trends 2008 - Update
In the last two weeks there has been a lot of action in our local real estate market. You may very well be able to tell that just by driving through any neighborhood in Raleigh, Cary, Wake Forest, or the rest of Wake County. With the obvious stated, here are the numbers to validate:
# of homes put on the market in last two weeks: 1362
# of those homes already under contract: 76
# of homes now under contract listed prior to the last two weeks: 749
# of homes which have sold in the last two weeks: 765
According to the statistics homes are staying on the market an average of 3 months.
Check back soon for another update. I plan to keep these market updates a regular part of my blog!!


