Tag Archives: southern wake real estate market

2021 YEAR-END MARKET UPDATE

Happy New Year! Looks like our local real estate market will continue to be a buzz topic in 2022. The Wake county Register of Deeds office just reported December 2021’s Median Sales Price for Wake County Real Estate was $411,000, the highest of all-time, wow! Most of our numbers trended slightly lower however with a 10-30% increase over last year’s SALES PRICES! We took an in-depth look at our 2021 housing market, in particular compared to our 2020 numbers. See our report Here. 2021 Year-end Just like last year, we have a high number of new construction homes that had not closed yet so I took those numbers into account again as well. It looks like some of our new homes are starting to catch up a bit with supply so that is helping improve our inventory. This improvement is mainly being seen in the outer areas of our market; Harnett County home sales prices have increased by as much as 30% over 2020 pricing whereas Wake County was more in the 20% range. Front Porch Realty has some exciting news; we now have a satellite office in downtown Clayton! This office location helps us round out our service to the entire west, south and east of the Triangle. Be sure and think of us if you have friends, family, or business partners Clayton way. If you would rather receive this report by email, please let me know. In addition, if we can be of any assistance to you or your clients, rest assured they will be extremely satisfied with our level of professionalism and expertise. Please stay safe and we hope to see you real soon!

325 Timber Meadow Drive, Fuquay-Varina – COMING SOON!

Beautiful and spacious! Walking distance to downtown! Main floor owners suite with a large sitting area. Main floor guest room with full bath. Dining room/semi -private office space off the kitchen, with an eat in kitchen. Laminate wood floors throughout the main floor. Three more bedrooms and a bonus room upstairs.
Oversized patio in the back with access to the Fuquay-Varina Jeff Wells Trail and South Park. So much right outside your door, don’t miss this fantastic opportunity!
GOOD TO KNOW :
PRICE – $405,000
BED – 5
BATH – 3
BUILT – 2007
CONTACT US TODAY TO BE THE FIRST TO KNOW WHEN IT GOES LIVE!

631 Whitetail Creek, Fuquay-Varina, NC, 27526

This gorgeous townhome did NOT last long! Only 3 days on the market and 6 offers later, 631 Whitetail Creek is UNDER CONTRACT! This area is continuing to grow and the market is CRAZY! Now is the time to sell your home if you have been thinking about it! Be sure to contact your local Front Porch Realty team for all of your selling and/or buying needs. We update our website with new listings, be sure to check it out! Lovely ranch end unit. 2BR and 2 full baths. Fireplace in living room. In town amenities.

703 SWAN HILL COURT, FUQUAY-VARINA, NC, 27526

  This beauty in Fuquay-Varina certainly did NOT last long. On the market for 3 days..18 offers later, we have a contingent! Be sure to contact your local Front Porch Realty agents for help buying or selling a home! Our website is updated regularly with any new or coming soon properties! PRIME location for this 3 or 4 BR home on the “Holly Springs side” of Fuquay-Varina. Wide-plank laminate flooring in Living Room, Kitchen/Breakfast room and 2 secondary Bedrooms. Dining Room has 2 closets so can be 4th Bedroom or Office; has French doors and a barn door! 3 Bedrooms on 2nd floor, 2 with WIC’s. Nice wide open fenced yard with an adorable wired “She-Shed”. Garden area in side yard as well!

3 ACRES PLUS POND IN FUQUAY-VARINA

Offered at $789,900 – 4 BED/3 1/2 BATH

ALL BRICK custom beauty with lots of space to spread out, inside and out! Open LR/Kitchen/Dining with hardwoods and corner fireplace. Kitchen boasts quartz, center island with prep sink. Split bedroom plan, Master with walk-in shower/2 shower heads, and garden tub. Large Bonus/Media room plus 2 Offices! Large screened porch plus deck for enjoying private yard and pond. Full daylight conditioned basement for all kinds of possibilities. Oversized main 2 car garage PLUS boat garage and an additional 1.5 car garage/shop. Only 4-miles away from lovely Downtown Fuquay-Varina!

CLICK HERE for more information!

Your very own pond to enjoy!

Holly Springs Fall Celebration — HollyFest

Fall around here means local fun for all. And that’s no different when it comes to the HollyFest coming up Saturday, October 26th from 10 am – 4 pm at Jefferson L. Sugg Farm Park at Bass Lake in Holly Springs! Come on out for this Fun, Fall, Family-Friendly and Free event! There will be: *Live and local entertainment all day long *Arts and crafts for the shopping enthusiast *Kids Zone with inflatables and rides *Children’s corner with activities and games *Flavors and tastes to make every palate happy Check out the Town of Holly Springs website HERE for specific vendors! (Subject to change) And of course, Front Porch Realty will be there. Stop by our booth and say hi! We’re your LOCAL REALTORS®!

SW WAKE COUNTY MARKET UPDATE | 2018 YEAR-END

Happy New Year! Take a look at the 2018 Market Update of our local housing inventory. We saw little or no change in the volume of homes closed in our area of the county as compared to 2017. However, average sales prices were up and average days on market were down. We are still deep in a seller’s market as most markets have less than one month supply for re-sale homes, and a two or three month supply for new construction homes. We expect another robust sales year in 2019, however we may not be seeing a real estate “frenzy” again this year, which in my opinion, is a good thing. Healthy, steady growth will be much more beneficial for all of us. FRONT PORCH REALTY had some exciting changes in 2018. We unveiled our new logo and launched our new website featuring “Our Towns”. We have also added five new real estate agents to our team and upgraded our Holly Springs location. We Live, Eat, Play and SELL Fuquay-Varina and Holly Springs! We will be hosting the Fuquay-Varina Chamber of Commerce Business After Hours event on February 7th at our Fuquay-Varina office, please SAVE the DATE we would love to see you there. We will be kicking off our 10 year Anniversary year-long celebration! We are here to help you, your relatives, co-workers, employees, and neighbors. Please consider Front Porch Realty as YOUR LOCAL real estate professionals! Please LIKE us on Facebook if you haven’t already, we are always posting LOTS of local news and happenings around town!

1st Q 2018 Market Update

By now, you’ve heard Front Porch Realty’s exciting news; we have elevated our brand and we have a new custom website! We are still the same “Front Porch Realty” you have known for years but have begun to concentrate our business in Fuquay-Varina and Holly Springs. We are already the #1 Independent real estate office in these two towns and our goal is to become the #1 real estate company overall. We want to become top of the mind status for you and all things real estate! Here is our quarterly 1st Q 2018 snapshot of our local housing inventory. We are still deep in a seller’s market, especially for re-sale homes; new home inventory is up 17% across the Triangle while re-sales inventory is down 15% from the 1st quarter of 2017, according to our Triangle Multiple Listing Service 1st quarter market stats. This imbalance of supply is causing record increases in sales prices; average sales price of new construction is up 9% and average re-sale homes sales prices are up 10%. Inventory is still low on our end of the county and demand is high. As we can see from our 1st quarter local data, months of inventory are very low at most price points at less than 2 and units sold have increased across both markets. We are here to help you, your relatives, co-workers, employees, and neighbors. Please consider Front Porch Realty as YOUR LOCAL real estate professionals!

And the Agent of the month is….

Congratulations to Teresa Ennis, Front Porch Realty’s Agent of the Month – July 2017

Teresa has been a Triangle real estate agent for more than 30 years!  She delivers top notch professionalism and service to all of her clients, 100% of the time and this is evident with her booming referral business. 

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4 Tips For Buying A Home In A Hot Market

When a market is hot, finding and buying a home can feel like an uphill battle. In a seller’s market, homes go quickly. They can be on the market one day and gone the next. And on top of the challenge of finding a home, most homes (especially the desirable ones) have multiple offers, making it harder to get into the home of your dreams. But buying a home in a hot market isn’t impossible! You just have to approach it strategically and stack the deck in your favor to find – and successfully buy – the right home for you and your family. Here are four tips for buying a home in a hot market that will put you a step ahead of the home-buying competition: Continue reading →