Median home sales reaches all time high at $405,000 in Wake County
The Wake County Register of Deeds released a market update yesterday afternoon regarding home prices. As of November 2021 we reached over $791 million in sales in Wake County. This is a $582 million increase from October’s transactions of roughly $209 million. Currently, apartment/townhome multifamily activity is still on a positive trend.
The median sales price of a parcel of Wake County real estate was $405,000 for the month of November 2021, setting another new record high. This is a $6,500 increase from October 2021’s price of $398,500. November 2021’s median price is $76,250 above January 2021’s median price of $328,750.
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