Wake Forest Real Estate Trends & Statistics

Wake Forest Median List Price

$304,990

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Wake Forest Market Snapshot

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	Today	1 Month Ago		1 Year Ago
Total Inventory	521	505	3%	539	3%
Median List Price	$304,990	$314,900	3%	$314,280	3%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	1%		1%
Median DOM	69	61	13%	75	8%
Median House Size	2,763	2,806	2%	2,815	2%
Median $/Sqft	$112/sqft	$116/sqft	3%	$113/sqft	1%

	Today	1 Month Ago		1 Year Ago
Total Inventory	474	459	3%	481	1%
Median List Price	$319,900	$329,900	3%	$332,900	4%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	2%	2%		1%
Median DOM	68	61	11%	76	11%
Median House Size	2,841	2,872	1%	2,929	3%
Median $/Sqft	$114/sqft	$117/sqft	3%	$114/sqft

	Today	1 Month Ago		1 Year Ago
Total Inventory	47	46	2%	58	19%
Median List Price	$158,500	$165,500	4%	$162,500	2%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	76	60	27%	54	41%
Median House Size	1,632	1,718	5%	1,620	1%
Median $/Sqft	$93/sqft	$98/sqft	5%	$99/sqft	6%

Wake Forest Market Data

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	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	85	56	84	73	90	110	140
New Listings	99	79	130	146	173	204	177
Sold/Expired	137	145	147	171	163	170	178

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	80	52	71	68	82	97	124
New Listings	83	70	119	130	158	179	165
Sold/Expired	121	134	132	153	145	150	156

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	5	4	13	5	8	13	16
New Listings	16	9	11	16	15	25	12
Sold/Expired	16	11	15	18	18	20	22

Wake Forest, North Carolina real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Wake Forest homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Wake Forest. Movoto is your comprehensive source for Wake Forest property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Wake Forest, NC Market Overview

Inventory: 521 Recently Sold: 178 New Listings: 177 Distressed: 2

Wake Forest's home resale inventories increased slightly, with a 3 percent increase since May 2013. Distressed properties such as foreclosures and short sales increased as a percentage of the total market in June. The median listing price in Wake Forest went down from May to June. There were a total of 38 price increases and 140 price decreases.

Updated: 06/01/2013

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Nearby Homes for Sale

5604 Pine Rock Ct, Wake Forest, NC