Castlebrook Estates home prices rise in the first half of 2017

Castlebrook Estates home prices rise in the first half of 2017
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The median sale price of a home sold in the first half of 2017 in Castlebrook Estates rose by $24,500 while total sales increased by 62.5%, according to BlockShopper.com.

From January through June of 2017, there were 13 homes sold, with a median sale price of $222,000 – a 12.4% increase over the $197,500 median sale price for the same period of the previous year. There were eight homes sold in Castlebrook Estates in the first half of 2016.

The median sales tax in Castlebrook Estates for the most recent year with available data, 2016, was $1,939, approximately 0.9% of the median home sale price for the first half of 2017.

The following table compares Castlebrook Estates to other Wake County cities with similar median sales prices in the first half of 2017:

City Jan. – June 2017 Home Sales Jan. – June 2016 Home Sales % change (Total Home Sales) Jan. – June 2017 Median Sales Price Jan. – June 2016 Median Sales Price % change (Median Sales Price)
Timberlake 2 6 -66.7% $268,500 $223,750 20%
Fuquay-Varina 321 574 -44.1% $246,000 $249,500 -1.4%
Raleigh 3,164 3,814 -17% $244,500 $225,750 8.3%
Angier 8 17 -52.9% $236,000 $250,000 -5.6%
Willow Springs 66 70 -5.7% $225,000 $208,000 8.2%
Castlebrook Estates 13 8 62.5% $222,000 $197,500 12.4%
Lakeside 9 16 -43.8% $215,000 $192,500 11.7%
Lynwood Estates 2 6 -66.7% $206,250 $228,750 -9.8%
Clayton 6 6 0% $195,500 $174,000 12.4%
Knightdale 198 250 -20.8% $194,250 $203,000 -4.3%
Barclay Downs 3 8 -62.5% $193,000 $277,750 -30.5%


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