Colewood Acres home prices fall in the first half of 2017

Colewood Acres home prices fall 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 Colewood Acres fell by $4,500 while total sales decreased by 63.6%, according to BlockShopper.com.

From January through June of 2017, there were four homes sold, with a median sale price of $127,500 – a 3.4% decrease over the $132,000 median sale price for the same period of the previous year. There were 11 homes sold in Colewood Acres in the first half of 2016.

The median sales tax in Colewood Acres for the most recent year with available data, 2016, was $1,355, approximately 1.1% of the median home sale price for the first half of 2017.

The following table compares Colewood Acres 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)
Angelview 4 6 -33.3% $161,500 $162,750 -0.8%
Golden Forest 4 8 -50% $155,250 $135,000 15%
Deerfield 5 2 150% $150,000 $119,500 25.5%
Arrowood 5 0 $145,000 $0
Green Acres 3 4 -25% $138,000 $104,500 32.1%
Colewood Acres 4 11 -63.6% $127,500 $132,000 -3.4%
Queen Pines 1 1 0% $125,000 $70,000 78.6%
Pineview Estates 4 4 0% $124,250 $95,000 30.8%
Winter Park 5 6 -16.7% $118,000 $114,500 3.1%
El Camino Estates 1 5 -80% $116,000 $180,000 -35.6%
Echo Heights 1 1 0% $115,000 $137,100 -16.1%


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