Quantcast

Old North News

Wednesday, December 25, 2024

Raleigh home prices rise in July 2020

Re 12

The median sale price of a home sold in July 2020 in Raleigh rose by $120,000 while total sales decreased by 98.2%, according to BlockShopper.com.

In July 2020, there were 15 homes sold, with a median sale price of $390,000 - a 44.4% increase over the $270,000 median sale price for the same period of the previous year. There were 849 homes sold in Raleigh in July 2019.

The median sales tax in Raleigh for the most recent year with available data, 2019, was $2,442, approximately 0.6% of the median home sale price for July 2020.

The following table compares Raleigh to other Wake County cities with similar median sales prices in July 2020:

CityJuly 2020 Home SalesJuly 2019 Home Sales% change (Total Home Sales)July 2020 Median Sales PriceJuly 2019 Median Sales Price% change (Median Sales Price)
Holly Springs1103-99%$565,000$326,50073%
Brookstone13-66.7%$463,000$280,00065.4%
Cary8276-97.1%$461,250$390,00018.3%
Wake Forest1138-99.3%$395,000$358,50010.2%
Apex6144-95.8%$395,000$329,50019.9%
Raleigh15849-98.2%$390,000$270,00044.4%
Knightdale166-98.5%$275,000$235,50016.8%
Lake Anne12-50%$255,000$348,250-26.8%
Willow Springs113-92.3%$195,000$283,000-31.1%
Garner263-96.8%$163,750$230,000-28.8%
Wendell131-96.8%$156,000$193,000-19.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS