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Week ending Nov 25
Week ending Nov 25
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Raleigh, 27612 Real Estate Overview
Today, December 2, 2009
Market View for 27612
Avg. Listing Price
$366,567
Wk ending Nov 25
-$3,287
-0.9%
w-o-w
-0.9%
w-o-w
Median Sales Price
$225,000
Aug '09 - Oct '09
+$27,000
+13.6%
y-o-y
+13.6%
y-o-y
w-o-w
Raleigh, 27612 Summary
The median sales price for homes in ZIP code 27612 in Raleigh from Aug 09 to Oct 09 was $225,000 based on 103 sales. Compared to the same period one year ago, the median sales price increased 13.6%, or $27,000, and the number of sales decreased 27%. Average price per square foot for homes in 27612 was $131, an increase of 2.3% compared to the same period last year.
There are currently 354 resale and new homes in ZIP code 27612 on Trulia, including 35 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 27612 was $366,567 for the week ending Nov 25, which represents a decrease of 0.9%, or $3,287, compared to the prior week. Popular ZIP codes in Raleigh include 27613 and 27614, with average listing prices of $388,555 and $570,240.
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