New Home Tips, Trends, and Ideas - Raleigh Custom Home Builders

10 Most Popular Craftsman Homes of 2014

Posted by Penny Hull on Wed, Mar 12, 2014 @ 15:03 PM

Most Requested Craftsman Home Plans in 2014

Top 10 Craftsman Home Plans

Take a look at our 10 most popular Craftsman home plans for NC new homes and see all the ways these designs offer flexible spaces, efficient design, and the open feel of contemporary floor plans, backed by the tradition of hands-on craftsmanship.

Most Popular Craftsman Home Design | Raleigh New Home Builders

Craftsman house plans and Bungalow house plans exemplify hands-on craftsmanship, where simplicity of design meets the traditional beauty of natural materials in details like:

- Frank Lloyd Wright design motifs

- Exposed rafters or decorated brackets under eaves

- Front porch beneath extension of main roof with tapered, square columns (often with a stone base)

- Low-pitched roof lines, gabled or hipped roof, and wide eaves

- Shed dormers

- Deeply overhanging eaves

- Hand-crafted stone or woodwork

Here are the top 10 most requested Craftsman home plans, in order of popularity:

Floor plan #1: The Chalet Vert Most Popular Craftsman Home Design | Raleigh New Home Builders

Sq Ft: 2,707

Bedrooms: 4

Bathrooms: 3.5

Floor plan style: Craftsman, Arts and Crafts, Two Story

Why this plan is popular: The Chalet Vert, a custom home by Stanton Homes, includes unique craftsman design throughout, including simple lines inside and out, stone accents on the front porch and two story fireplace, built-in storage and niches, staircases with square, detailed balusters and newell posts, numerous windows with square and horizontally rectangular windows, limited hallways, with an open floor plan design, rustic crown moulding and baseboard.

See a photo gallery of the Chalet Vert.

Floor plan #2: The Bryson Most Popular Craftsman Home Design | Raleigh New Home Builders

Sq Ft: 2,938

Bedrooms: 4

Bathrooms: 3.5

Floor plan style: Craftsman, Arts and Crafts, First floor master,

Why this plan is popular: From the outside, in, the Bryson exemplifies hand-crafted design.

Opposites attract in this Arts and Crafts / Contemporary home, with a unique blend of crystal and lavender against stone, wood and grey, and white that draws everything together.

Custom flagstone steps lead you into the Bryson front porch, supported by a touch of classic design - white Roman columns.

Just inside the foyer, a central stone see-through fireplace includes a hand-crafted hardwood mantle. Past the fireplace, the powder room counter is also hand-crafted our of hardwood, stained to match the wood floors. A main floor owner's suite has private access to outdoor living. The kitchen offers a huge island bar open to the great room. 

Floor plan #3: The Pasadena Most Popular Craftsman Home Design | Raleigh New Home Builders

Sq Ft: 1,608

Bedrooms: 3

Bathrooms: 2

Floor plan style: Craftsman, Arts and Crafts, Bungalow, Ranch, One Story

Why this plan is popular: The Pasadena, an Alan Mascord Craftsman home plan, combines traditional design with simple lines. This Bungalow home emphasizes artistic components of the 19th century England Arts and Crafts movement - such as the use of natural materials - throughout.

The open concept kitchen is equipped with a island, walk-in pantry, and built-in recycle center. The dining room opens out to the covered patio, perfect for spring and summer gatherings. The third bedroom can be converted into a home office.

This home is perfect for home owners looking to downsize or maintain easy living space.

Floor plan #4: The Hayfield Most Popular Craftsman Home Design | Raleigh New Home Builders

Sq Ft: 3,155

Bedrooms: 4

Bathrooms: 3.5

Floor plan style: Craftsman, Arts and Crafts, Basement, Farmhouse, Two Story, Two Master Bedroom

Why this plan is popular: The Hayfield incorporates classic farmhouse design with a wrapping front porch with square columns and a stone bases. The great room, private den, island kitchen and dining area are designed for traffic flow. An elevator offers accessibility and convenience.

There is a master bedroom on the first and second floor. A large laundry room acts as a mudroom and storage center between the garage and kitchen.

This home is perfect for homesites that are wide and slopped - with an optional basement level.

Floor plan #5: The Glen Abbey

Sq Ft: 3,515 Most Popular Craftsman Home Design | Raleigh New Home Builders

Bedrooms: 5

Bathrooms: 4.5

Floor plan style: Craftsman, Arts and Crafts, One Story, 3 car garage

Why this plan is popular: From inside and out, the Glen Abbey captures attention.

The vaulted front porch is flanked by dual Craftsman column, with intricate trim work and detailing. 

Vaulted ceilings open up rooms throughout this Frank Betz home plan. Two fireplaces warm up the inside, one in the keeping room and one in the grand room.

A courtyard style rear deck is outlined by an angled breakfast room and master suite sitting room. A guest suite welcomes extended stays.

Floor plan #6: The SabrinaMost Popular Craftsman Home Design | Raleigh New Home Builders

Sq Ft: 2,170

Bedrooms: 3

Bathrooms: 2.5

Floor plan style: Craftsman, Arts and Crafts, Wrap Around Porch, One Story, Bungalow

Why this plan is popular: A wrapping front porch welcomes visitors to this Arts and Crafts home plan.

Inside and out, the Sabrina emphasizes Craftsman design with tons of tapered columns, mixtures of brick and wood, and hand-carved details from built-in bookcases to integrated desks.

This home is a great aging in place design, with full first floor living.

Floor plan #7: The GarrettMost Popular Craftsman Home Design | Raleigh New Home Builders

Sq Ft: 2,650

Bedrooms: 4

Bathrooms: 2.5

Floor plan style: Craftsman, Arts and Crafts, 3 Car Garage, Country, Ranch

Why this plan is popular: The Garrett is a large one story home with a covered porch entry and decorative columns. A second covered porch can be reached via a door in the nook. Additional columns separate the great room from the vaulted formal dining room.

The kitchen placement in this home is unique - typical home plans open into a foyer, with lines of sight into the great room and kitchen. In this plan, the kitchen is tucked to the left of the great room, with the island out of sight.

The master suite includes a vaulted salon, a bath with spa tub, private access to the laundry room, and a walk-in closet. Two additional bedrooms at the back of the plan share a jack-and-jill bath.

Floor plan #8: The JasperMost Popular Craftsman Home Design | Raleigh New Home Builders

Sq Ft: 2,591

Bedrooms: 3

Bathrooms: 2.5

Floor plan style: Craftsman, Arts and Crafts, Ranch, Bungalow, Optional Bonus, Cottage

Why this plan is popular: A cottage exterior and cozy front porch welcome you to the Jasper, an Alan Mascord Craftsman home plan.

This home featuresa split-bedroom design with a home office with a wall of built-in cabinets, second-level storage area, two dining spaces, and open concept layout. The vaulted great room features a fireplace and tall transom windows. A covered porch at the rear provides sheltered outdoor entertaining space.

This home is perfect for families looking for a first level master bedroom placed at the back of the home. This master suite is tucked away from the main living areas, behind the garage.

Floor plan #9: The Amberg

Sq Ft: 3,489

Bedrooms: 3Most Popular Craftsman Home Design | Raleigh New Home Builders

Bathrooms: 3.5

Floor plan style: Craftsman, Arts and Crafts, Lodge, Large Footprint, One Story

Why this plan is popular: This sprawling Craftsman home plan offers all the best features you'll want in a one story living home.

The Amberg joins easy-living convenience with guest pampering.

Set under a double gable decorated with braces, the entrance partitions the public and private spaces of the home.

The main living spaces - the kitchen, dining room, and great room - are clustered at one end for easy use of entertaining and family spaces. The rooms are big enough to accommodate crowds and the openness allows guests to seamlessly overflow into adjacent areas. The kitchen's long island is positioned for buffet-style dining, and it directs traffic into the large dining room for seating. The great room is the main seating area for guests. A recreation room is above the garage.

The main private spaces - the master suite and other bedrooms - are clustered at the other end. This home is perfect for young families, with a nursery adjacent to the master suite. Looking for flexible design? The nursery can easily convert into a studio later on.

Floor plan #10: The TimbersedgeMost Popular Craftsman Home Design | Raleigh New Home Builders

Sq Ft: 5,708

Bedrooms: 4

Bathrooms: 3.5

Floor plan style: Craftsman, Arts and Crafts, Lodge, Northwest, Basement, Outdoor Kitchen

Why this plan is popular:

This home incorporates elements of classic Northwest living in a lodge-inspired Craftsman design with tons of built-in functionality.

Tall, oversized windows and a unique outdoor kitchen connect home spaces to their natural surroundings. A large great room features a high, vaulted ceiling and generous built-ins. The two-island kitchen features an adjoining nook, built-in wine cooler and a separated, built-in desk area.

Millwork and beams exemplify the Arts and Crafts design and encourage a lodge-like feel - with tons of rustic details.

This home is perfect for a mountain or country homesite.

Browse Floor Plans

How to find the right floor planMost Popular Craftsman Home Design | Raleigh New Home Builders

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Tags: 2014 home design, Craftsman Home Plans, Craftsman Homes, raleigh new home builders

Raleigh NC Best Place to Live | Moving to Raleigh

Posted by Penny Hull on Tue, Sep 10, 2013 @ 10:09 AM

Raleigh NC Named Best Place to Live

Raleigh Ranks in Forbe's Top 10 Best Cities for Young Entrepreneurs 

Forbes Magazine has posted it's most recent ranking of the best cities to live in America. And Raleigh ranked in the top ten, yet again.

Raleigh, North Carolina Best Place to Live | Moving to Raleigh

At number four, Raleigh was named as one of the best cities for young entrepreneurs to live.

NerdWallet conducted the ranking, based on metro area loan data, cost of living, business activity, education and income.

Raleigh's ranking touts statistics such as having 47.3% of the population with a bachelor's degree, an average income of over $30K, a cost of living index at 90.9 and 10.5 business per 100 residents.

Read the full Forbes Best Place for Entrepreneurs to Live article here.

Learn more about building a new home in Raleigh, or the Research Triangle Park, here.

Tags: raleigh new home builders, raleigh new homes, raleigh relocation

Raleigh Home Sales Up 43% | April 2013 Raleigh Market Report

Posted by Penny Hull on Thu, May 30, 2013 @ 12:05 PM

April 2013 Raleigh Market Report

Two Year Streak of Increasing Home Sales in Raleigh NC

Considering buying a new home in the Raleigh area of Wake County?  You're not the only one.  There was a huge increase in closings in April 2013 versus April 2012, according to the recently released Triangle MLS Report for April 2013.

This is a continuation of a year long trend in home sale increases in Wake County.

Number of Closed Sales in Raleigh/Wake County

Hows the Market in Raleigh

How's the market in Raleigh?  On fire.  Raleigh has seen double digit increases in home sales for nearly two years now.

April 2012 - 1081 Closed Sales in Wake County

 April 2013 - 1548 Closed Sales in Wake County

43.2% Increase in Closed Sales in Wake County


Inventory of Homes for Sale in Raleigh/Wake County

At the same time sales are showing a high double digit INCREASE, the number of available homes is showing a double digit DECREASE.

April 2011 - 9264 Homes for Sale in Wake County

April 2012 - 7405 Homes for Sale in Wake County

April 2013 - 6249 Homes for Sale in Wake County

15.6% Decrease in Homes for Sale in Wake County

 Months of Supply in Raleigh/Wake County

April 2011 - 10.6 Months of Supply in Wake County

April 2012 - 7.9 Months of Supply in Wake County

April 2013 - 5.2 Months of Supply in Wake County

34.5% Decrease in Months of Supply in Wake County

Wake County is currently at a 5 months supply of inventory More than 6 months of supply represents a buyer's market.  Six months of supply represents neither a buyers or a sellers market.  A 5 month supply or less represents a seller's market.

Get the Latest Raleigh Market Reports Here
See All Area Market Reports Here

  
Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Market Reports Raleigh | Raleigh New Homes

 

Considering buying a new home in Wake County, NC?

Wake County New Home Communities

Wake County NC New Homes

Wake County NC Property Tax Rates

Tags: new homes raleigh, raleigh new home builders, market reports, market reports raleigh

Raleigh New Homes | Growth Continues, Homes for Sale Dip Further

Posted by Penny Hull on Mon, Feb 18, 2013 @ 10:02 AM

January 2013 Raleigh Market Report

15 Month Streak of Increasing Home Sales in Raleigh NC

Considering buying a new home in the Raleigh area of Wake County?  You're not the only one.  There was a huge increase in closings in January 2013 versus January 2012, according to the recently released Triangle MLS Report for January 2013.

This is a continuation of a year long trend in home sale increases in Wake County.

Number of Closed Sales in Raleigh/Wake County

Hows the Market in Raleigh

How's the market in Raleigh? Good, and getting better.  Raleigh has seen double digit increases in home sales for most of the past year.

January 2012 - 637 Closed Sales in Wake County

 January 2013 - 817 Closed Sales in Wake County

28.3% Increase in Closed Sales in Wake County


Inventory of Homes for Sale in Raleigh/Wake County

At the same time sales are showing a high double digit INCREASE, the number of available homes is showing a double digit DECREASE.

January 2011 - 8072 Homes for Sale in Wake County

January 2012 - 6589 Homes for Sale in Wake County

January 2013 - 5327 Homes for Sale in Wake County

19.2% Decrease in Homes for Sale in Wake County

 Months of Supply in Raleigh/Wake County

January 2011 - 8.9 Months of Supply in Wake County

January 2012 - 6.6 Months of Supply in Wake County

January 2013 - 4.8 Months of Supply in Wake County

35.5% Decrease in Months of Supply in Wake County

Wake County is currently at a 4.8 months supply of inventory - the lowest in more than 5 years.  More than 6 months of supply represents a buyer's market.  Six months of supply represents neither a buyers or a sellers market.  Currently, the Raleigh market is heading into a seller's market.

Get the Latest Raleigh Market Reports Here
See All Area Market Reports Here

  
Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Market Reports Raleigh | Raleigh New Homes

 

Considering buying a new home in Wake County, NC?

Wake County New Home Communities

Wake County NC New Homes

Wake County NC Property Tax Rates

 

Stanton Homes helps ensure your new home is just what you're looking for.

Tags: raleigh new home builders, raleigh new homes, raleigh market reports, hows the market in raleigh

Raleigh New Home Sales | Selling Streak Continues

Posted by Penny Hull on Mon, Jan 21, 2013 @ 05:01 AM

December 2012 Raleigh Market Report

14 Month Streak of Increasing Home Sales in Raleigh NC

Considering buying a new home in the Raleigh area of Wake County?  You're not the only one.  There was a huge increase in closings in December 2012 versus December 2011, according to the recently released Triangle MLS Report for December 2012.

This is a continuation of a year long trend in home sale increases in Wake County.

Number of Closed Sales in Raleigh/Wake County

Hows the Market in Raleigh

How's the market in Raleigh? Good, and getting better.  Raleigh has seen double digit increases in home sales for most of the past year.

December 2011 - 866 Closed Sales in Wake County

 December 2012 - 1152 Closed Sales in Wake County

33.0% Increase in Closed Sales in Wake County


Inventory of Homes for Sale in Raleigh/Wake County

At the same time sales are showing a high double digit INCREASE, the number of available homes is showing a double digit DECREASE.

December 2010 - 7986 Homes for Sale in Wake County

December 2011 - 6510 Homes for Sale in Wake County

December 2012 - 5147 Homes for Sale in Wake County

20.9% Decrease in Homes for Sale in Wake County

 Months of Supply in Raleigh/Wake County

December 2010 - 8.7 Months of Supply in Wake County

December 2011 - 7.3 Months of Supply in Wake County

December 2012 - 4.7 Months of Supply in Wake County

36.7% Decrease in Months of Supply in Wake County

Wake County is currently at a 4.7 months supply of inventory - the lowest it's been for more than 5 years.  More than 6 months of supply represents a buyer's market.  Six months of supply represents neither a buyers or a sellers market.  Currently, the Raleigh market is heading into a seller's market.

Get the Latest Raleigh Market Reports Here
See All Area Market Reports Here

  
Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Market Reports Raleigh | Raleigh New Homes

 

Considering buying a new home in Wake County, NC?

Wake County New Home Communities

Wake County NC New Homes

Wake County NC Property Tax Rates

 

Tags: raleigh new home builders, raleigh new homes, raleigh market reports, hows the market in raleigh

How's the Market in Raleigh? | Raleigh Homes for Sale

Posted by Penny Hull on Wed, Jan 02, 2013 @ 14:01 PM

November 2012 Wake County Market Report

13 Month Streak of Increasing Home Sales in Raleigh NC

Considering buying a new home in the Raleigh area of Wake County?  You're not the only one.  There was a huge increase in closings in November 2012 versus November 2011, according to the recently released Triangle MLS Report for November 2012.

This is a continuation of a year long trend in home sale increases in Wake County.

Number of Closed Sales in Raleigh/Wake County

Hows the Market in Raleigh

How's the market in Raleigh? Good, and getting better.  Raleigh has seen double digit increases in home sales for most of the past year.

November 2011 - 813 Closed Sales in Wake County

 November 2012 - 1025 Closed Sales in Wake County

26.1% Increase in Closed Sales in Wake County


Inventory of Homes for Sale in Raleigh/Wake County

November 2010 - 8788 Homes for Sale in Wake County

November 2011 - 7213 Homes for Sale in Wake County

November 2012 - 5076 Homes for Sale in Wake County

29.6% Decrease in Homes for Sale in Wake County

 Months of Supply in Raleigh/Wake County

November 2010 - 9.7 Months of Supply in Wake County

November 2011 - 8.2 Months of Supply in Wake County

 November 2012 - 4.7 Months of Supply in Wake County

42.5% Decrease in Months of Supply in Wake County

Wake County is currently at a 4.7 months supply of inventory - the lowest it's been for more than 5 years.  More than 6 months of supply represents a buyer's market.  Six months of supply represents neither a buyers or a sellers market.  Currently, the Raleigh market is heading into a seller's market.

Get the Latest Raleigh Market Reports Here
See All Area Market Reports Here

  
Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Market Reports Raleigh | Raleigh New Homes

 

Considering buying a new home in Wake County, NC?

Wake County New Home Communities

Wake County NC New Homes

Wake County NC Property Tax Rates 2011

 

 

Tags: raleigh new home builders, raleigh new homes, raleigh market reports, hows the market in raleigh

Raleigh Home Sales Report | Huge Uptick in Home Sales Continues

Posted by Penny Hull on Fri, Nov 16, 2012 @ 09:11 AM

October 2012 Wake County Market Report

12 Month Streak of Increasing Home Sales in Raleigh NC

Considering buying a new home in the Raleigh area of Wake County?  You're not the only one.  There was a huge increase in closings in October 2012 versus October 2011, according to the recently released Triangle MLS Report for October 2012.

This is a continuation of a year long trend in home sale increases in Wake County.

Number of Closed Sales in Raleigh/Wake County

Market Reports - Wake County New Homes | Raleigh New Homes October 2011 - 840 Closed Sales in Wake County

 October 2012 - 1119 Closed Sales in Wake County

33.2% Increase in Closed Sales in Wake County


Inventory of Homes for Sale in Raleigh/Wake County

October 2011 - 7686 Homes for Sale in Wake County

 October 2012 - 5423 Homes for Sale in Wake County

29.4% Decrease in Homes for Sale in Wake County

 Months of Supply in Raleigh/Wake County

October 2011 - 8.8 Months of Supply in Wake County

 October 2012 - 5.1 Months of Supply in Wake County

42% Decrease in Months of Supply in Wake County

Wake County is currently at a 5.1 months supply of inventory - the lowest it's been for more than 5 years.  6 months of supply represents neither a buyers or a sellers market.   If the months of supply drops below 5 months, the market will move to a Seller's Market.


Get the Latest Raleigh Market Reports Here

See All Area Market Reports Here

  
Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Market Reports Raleigh | Raleigh New Homes

 

Considering buying a new home in Wake County, NC?

Wake County New Home Communities

Wake County NC New Homes

Wake County NC Property Tax Rates 2011

 

 

Tags: new homes raleigh, raleigh new home builders, market reports, market reports raleigh

Raleigh Home Inventory Continues to Drop

Posted by Penny Hull on Mon, Oct 15, 2012 @ 13:10 PM

Number of Homes on Market Continues to Dip

Lowest Available Inventory in 7 Years in Raleigh

Wake County inventory levels continued to drop in September 2012.   Inventory of homes for sale in the Raleigh market are now at their lowest levels in seven years.

Raleigh New Home Inventory

Inventory of homes for sale in Wake County is down 29% in September of 2012 from September of 2011.

The number of homes for sale is at it's lowest level since before 2006 - homebuyers who waited, hoping for exceptional homes at "clearance" pricing are finding disappointment instead.  Real estate agents are reporting multiple offers on well-priced properties, particularly those in prime areas. 

The past 15 months have seen continual increases in closed sales for Wake County, with pending sales indicating that the trend will continue.

Not surprising, as Raleigh has (AGAIN) appeared on the "Best Places to Live" list - this year making the #1 place in Businessweek's "America's Best City" list.

Get the Latest Raleigh Market Reports Here

See All Area Market Reports Here

  
Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Tags: new homes raleigh, raleigh new home builders, market reports, market reports raleigh

Wake County Home Sales Report | Inventory Continues to Drop

Posted by Penny Hull on Mon, Oct 15, 2012 @ 13:10 PM

September 2012 Wake County Market Report

Home Sales Up AGAIN in Raleigh NC!

Considering buying a new home in the Raleigh area of Wake County?  You're not the only one.  There was a huge increase in closings in September 2012 versus September 2011, according to the recently released Triangle MLS Report for September 2012.

This is a continuation of a nearly one year long trend in home sale increases in Wake County.

Market Reports - Wake County New Homes | Raleigh New Homes September 2011 - 932 Closed Sales in Wake County

 September 2012 - 1115 Closed Sales in Wake County

19.6% Increase in Closed Sales in Wake County

New listings are up by .7%, so even though sales are much stronger, the number of homes available hasn't changed much.

September 2011 - 1468 New Listings in Wake County

 September 2012 - 1479 New Listings in Wake County

 

 

The total available inventory of homes for sale in the Raleigh area, specifically in Wake County, has decreased from 7,995 last year to 5,661 this year. 

29.2% DECREASE in Total Homes For Sale in Wake County


Wake County is currently at a 5.4 months supply of inventory - the lowest it's been for more than 5 years.  6 months of supply represents neither a buyers or a sellers market.   Much lower than a six month supply, and Wake County will continue it's move to a "Seller's Market".

Get the Latest Raleigh Market Reports Here

See All Area Market Reports Here

  
Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Market Reports Raleigh | Raleigh New Homes

 

Considering buying a new home in Wake County, NC?

Wake County New Home Communities

Wake County NC New Homes

Wake County NC Property Tax Rates 2011

 

 

Tags: new homes raleigh, raleigh new home builders, market reports, market reports raleigh

Raleigh Market Report | Huge Increase in Home Sales

Posted by Penny Hull on Mon, Oct 01, 2012 @ 08:10 AM

Augst 2012 Wake County Market Report

Home Sales Up AGAIN in Raleigh NC!

Considering buying a new home in the Raleigh area of Wake County?  You're not the only one.  There was a huge increase in closings in August 2012 versus August 2011, according to the recently released Triangle MLS Report for August 2012.

This is a continuation of an eight month trend in home sale increases in Wake County.

Market Reports - Wake County New Homes | Raleigh New Homes August 2011 - 1034 Closed Sales in Wake County

 August 2012 - 1349 Closed Sales in Wake County

30.5% Increase in Closed Sales in Wake County

New listings are up by 7.4%, so there were a few more choices in July.

August 2011 - 1566 New Listings in Wake County

 August 2012 - 1682 New Listings in Wake County

 

 

The total available inventory of homes for sale in the Raleigh area, specifically in Wake County, has decreased from 8,340 last year to 5,736 this year. 

31.2% DECREASE in Total Homes For Sale in Wake County


Wake County is currently at a 5.6 months supply of inventory - the lowest it's been for more than 4 years.  6 months of supply represents neither a buyers or a sellers market.   Much lower than a six month supply, and Wake County will move to a "Seller's Market" - it's on it's way. 

Get the Latest Raleigh Market Reports Here

See All Area Market Reports Here

  
Wake County NC is located at the center of Harnett, Chatham, Durham, Granville, Franklin, and Johnston Counties.

Wake County encompasses Apex, Cary, Fuquay Varina, Garner, Holly Springs, Knightdale, Morrisville, Raleigh, Rolesville, Wake Forest, and Wendell.

Market Reports Raleigh | Raleigh New Homes

 

Considering buying a new home in Wake County, NC?

Wake County New Home Communities

Wake County NC New Homes

Wake County NC Property Tax Rates 2011

 

 

Tags: new homes raleigh, raleigh new home builders, market reports, market reports raleigh