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Friday, November 22, 2024

Raleigh home prices rise in March 2020

Realestate1

The median sale price of a home sold in March 2020 in Raleigh rose by $74,250 while total sales decreased by 98%, according to BlockShopper.com.

In March 2020, there were 14 homes sold, with a median sale price of $341,500 - a 27.8% increase over the $267,250 median sale price for the same period of the previous year. There were 714 homes sold in Raleigh in March 2019.

The median sales tax in Raleigh for the most recent year with available data, 2018, was $2,277, approximately 0.7% of the median home sale price for March 2020.

The following table compares Raleigh to other Wake County cities in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Wendell127-96.3%$26,906,500$159,50016769.3%
Garner256-96.4%$425,000$202,500109.9%
Wake Forest2124-98.4%$367,500$294,50024.8%
Cary8189-95.8%$362,000$335,0008.1%
Raleigh14714-98%$341,500$267,25027.8%
Apex497-95.9%$287,750$335,000-14.1%
Holly Springs281-97.5%$248,000$315,000-21.3%
Fuquay-Varina370-95.7%$225,000$276,500-18.6%
Green Acres10-$204,300$0-
El Camino Estates110%$95,000$188,000-49.5%
Timberlake00-$0$0-
Durham01-100%$0$262,500-100%
Lynwood Estates00-$0$0-
Rolesville013-100%$0$328,000-100%
Lakeside04-100%$0$228,500-100%
Riverview North00-$0$0-
Willow Springs012-100%$0$246,750-100%
Angelview01-100%$0$150,000-100%
Barclay Downs02-100%$0$248,750-100%
New Hill01-100%$0$125,000-100%
Oxxford Hunt00-$0$0-
Golden Forest02-100%$0$195,500-100%
Brookstone00-$0$0-
Echo Heights00-$0$0-
Clayton01-100%$0$202,500-100%
Castlebrook Estates02-100%$0$235,000-100%
Heatherbrook01-100%$0$207,000-100%
Angier01-100%$0$275,000-100%
Pine Hurst Park01-100%$0$233,000-100%
Colewood Acres01-100%$0$155,000-100%
Knightdale036-100%$0$206,500-100%
Stoneridge01-100%$0$475,000-100%
Queen Pines01-100%$0$115,000-100%
Birchwood Hills Estates05-100%$0$344,000-100%
Lake Anne02-100%$0$467,900-100%
Zebulon022-100%$0$193,250-100%
Arrowood02-100%$0$171,500-100%
Deerfield03-100%$0$198,500-100%
Willow Creek00-$0$0-
Waco Heights02-100%$0$189,250-100%
Morrisville027-100%$0$275,000-100%
Winter Park00-$0$0-
Pineview Estates01-100%$0$160,000-100%
Will-O-Dean Acres01-100%$0$205,000-100%
Brookhaven03-100%$0$352,000-100%
Medfield Estates00-$0$0-
Emerald Village00-$0$0-
Avocet01-100%$0$150,000-100%

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