A look back at the 2014 Triangle Real Estate Market
Tuesday, February 10, 2015
To no one’s surprise 2014 was a great year for our Triangle real estate market! All of our local markets showed an increase in average sales price as well as an increase in price per square foot and decrease in days on market. That means homes are selling fast!
4th Q 2014 Home Sales by City
This shortage of homes for sale has helped our sellers to be able get out from under water and have the confidence again to sell. Mortgage rates stayed extremely low for the year which was a key factor in fueling buyer activity.
See how 2013 compared to 2014 and how a few of our Fuquay Varina local neighborhoods shaped up in 2014. This should give you a good picture of what's to come in 2015!
4th Q 2014 City and subdivision
Welcome home! laura