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Raleigh Real Estate Overview

Today, July 10, 2009

Market View for Raleigh

Info
Avg. Listing Price $363,415 Wk ending Jul 01
-$287
-0.1%
w-o-w
Median Sales Price $163,000 Apr '09 - Jun '09
-$24,500
-13.1%
y-o-y
4,991Homes For Sale 18Open Homes
2,383Recently Sold 857Foreclosures

Market Trends for Raleigh

Embed Info
Listing price – Raleigh
Average Listing Price
$363,415
-0.1%
w-o-w
Median Sales Price
$163,000
-13.1%
y-o-y
Average price/sqft
$70
-42.6%
y-o-y
Number of Sales
14
-99.3%
y-o-y
More Raleigh Market Trends
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Raleigh Summary

Average price per square foot for Raleigh NC was $70, a decrease of 42.6% compared to the same period last year. The median sales price for homes in Raleigh NC for Apr 09 to Jun 09 was $163,000 based on 14 home sales. Compared to the same period one year ago, the median home sales price decreased 13.1%, or $24,500, and the number of home sales decreased 99.3%.

There are currently 4,991 resale and new homes in Raleigh on Trulia, including 18 open houses, as well as 857 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Raleigh NC was $363,415 for the week ending Jul 01, which represents a decrease of 0.1%, or $287, compared to the prior week.

 

Schools in Raleigh

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
North Carolina Department Of Public Instruction
Public
—
126
28,903
Wake County School District
Public
PK - 12
158
134,100
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Cathedral Elementary School
Catholic
PK - 8
Hilburn Drive Elementary School
Public
K - 5
Ligon Middle School
Public
6 - 8
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Raleigh Schools
 

Community Info for Raleigh

Info
More Raleigh Community Info

Homes for Sale in Raleigh

5325 Daleview Drive, Raleigh NC
5325 Dalev…
$100,000
4 br  2 ½ ba
5419 Arbor Oak Lane, Raleigh NC
5419 Arbor…
$160,000
3 br  2 ½ ba
1215 Zelton Way, Raleigh NC
1215 Zelton…
$120,000
3 br  2 ½ ba
1213 Manassas Court #H, Raleigh NC
1213 Manas…
$111,500
3 br  2 ½ ba
909 Gardner Street, Raleigh NC
909 Gardner…
$269,900
2 br  1 ba
5912 Suncreek Court, Raleigh NC
5912 Suncr…
$99,900
2 br  2 ba
View all Raleigh Homes for Sale
 
Stats & Trends
Raleigh

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

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  • Central Raleigh
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  • Umstead
  • University
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  • 27601
  • 27602
  • 27603
  • 27604
  • 27605
  • 27606
  • 27607
  • 27608
  • 27609
  • 27610
  • 27611
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  • 27628
  • 27629
  • 27634
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  • 27640
  • 27650
  • 27656
  • 27658
  • 27661
  • 27668
  • 27675
  • 27676
  • 27690
  • 27695
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  • 27699
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Nearby Cities

Cities
Median
sales price
Average
listing price
Garner
$150,000
$234,074
Cary
$281,930
$410,850
Knightdale
$146,194
$223,645
Apex
$267,500
$362,607
Morrisville
$243,500
$342,295
Wendell
$150,000
$187,526
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Advice & Opinions

Recent Q&A in Raleigh, NC

Q: What do we do if we have agreed to a closing date, but the underwriter at the bank has been dragging her feet? 4 answers
Q: Has the rental market in Raleigh decreased significantly over the past year or has it been stable? 2 answers
Q: What is a short sale; pros and cons? 9 answers
Q: can anyone give me a good, tactful way to switch realtors? I am a first-time home buyer working with an 6 answers
Q: where can i live in north carolina that is not infested with cockroaches (aka palmetto bugs)? i refuse to buy 6 answers

Got a real estate question? 

More Advice & Opinions:
  • Recent Q&A in Raleigh, NC
  • Recent blog posts in Raleigh, NC
  • Find a real estate professional Raleigh, NC

Nearby Cities Real Estate

  • Garner Real Estate
  • Cary Real Estate
  • Knightdale Real Estate
  • Apex Real Estate
  • Morrisville Real Estate
  • Wendell Real Estate

Nearby Cities Sold Homes

  • Garner Sold Homes
  • Cary Sold Homes
  • Knightdale Sold Homes
  • Apex Sold Homes
  • Morrisville Sold Homes
  • Wendell Sold Homes

Nearby Cities Home Prices

  • Garner Home Prices
  • Cary Home Prices
  • Knightdale Home Prices
  • Apex Home Prices
  • Morrisville Home Prices
  • Wendell Home Prices

Raleigh Stats & Trends

  • Raleigh Market Trends
  • Raleigh Schools
  • Raleigh Community Info
  • Raleigh Home Prices
  • Raleigh Real Estate
  • Raleigh Recently Sold Homes
Raleigh real estate—use Trulia to find real estate in Raleigh as well real estate in other cities in North Carolina. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Raleigh real estate trends, market activity, and neighborhood information. Before buying a house in Raleigh, research real estate on Trulia. Understanding the Raleigh real estate market is your first step to buying a home in Raleigh, North Carolina. Our real estate guide gives your a valuable overview of the Raleigh real estate market—find Raleigh properties, sales statistics, real estate price trends, real estate market activity, comparisons of Raleigh schools or North Carolina schools, and general demographic information for Raleigh, NC. Trulia's real estate guide combines a Raleigh map with a detailed list of Raleigh neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Raleigh.

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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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