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Week ending Nov 25
Week ending Nov 25
w-o-w
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Week ending Nov 25
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Central Raleigh Real Estate Overview
Today, December 4, 2009
Market View for Central Raleigh
Avg. Listing Price
$293,008
Wk ending Nov 25
-$347
-0.1%
w-o-w
-0.1%
w-o-w
Median Sales Price
$266,000
Aug '09 - Oct '09
+$78,500
+41.9%
y-o-y
+41.9%
y-o-y
w-o-w
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Central Raleigh Summary
The median sales price for homes in Central Raleigh, Raleigh for Aug 09 to Oct 09 was $266,000 based on 31 sales. Compared to the same period one year ago, the median sales price increased 41.9%, or $78,500, and the number of sales decreased 54.4%. Average price per square foot for Central Raleigh was $168, an increase of 11.3% compared to the same period last year.
There are currently 221 resale and new homes in Raleigh on Trulia, including 2 open houses, as well as 52 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Central Raleigh was $293,008 for the week ending Nov 25, which represents a decrease of 0.1%, or $347, compared to the prior week.
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