Wake County Average Home Prices Rise 4.4% YoY in June, 2023 to $587,275.00.
Median Price hits $500,000 for first time in June.
July 2022 average sales price, previously the highest was $567,966.00. The average price of a home scheduled to close this July is $594,000 and homes have been closing with in 1% of ask price last couple of months. So we could see a new all time high and yearly average prices continue to climb.
Why does any of his matter? If you are selling and want to have a clean, profitable and sane sale details matter, a strategy where your agent can control the narrative around your home, and achieve your goals is only possible if they understand buyers and the current sales environment.