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Monday, November 25, 2024

Willow Springs home prices fall in December 2019

Re 3

The median sale price of a home sold in December 2019 in Willow Springs fell by $70,250 while total sales decreased by 85.7%, according to BlockShopper.com.

In December 2019, there were two homes sold, with a median sale price of $166,750 - a 29.6% decrease over the $237,000 median sale price for the same period of the previous year. There were 14 homes sold in Willow Springs in December 2018.

The median sales tax in Willow Springs for the most recent year with available data, 2016, was $1,250, approximately 0.7% of the median home sale price for December 2019.

The following table compares Willow Springs to other Wake County cities with similar median sales prices in December 2019:

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Rolesville414-71.4%$292,500$339,000-13.7%
Fuquay-Varina2556-55.4%$275,000$252,5008.9%
Raleigh213595-64.2%$265,000$250,0006%
Castlebrook Estates20-$235,000$0-
Knightdale1027-63%$234,750$160,00046.7%
Colewood Acres21100%$196,000$159,50022.9%
Echo Heights10-$195,000$0-
Garner1637-56.8%$192,500$182,0005.8%
Zebulon713-46.2%$167,000$187,000-10.7%
Willow Springs214-85.7%$166,750$237,000-29.6%
Wendell417-76.5%$153,250$180,000-14.9%

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