Wendell Falls Real Estate Report Feb 25

Wendell Falls Real Estate Market Performance: February 2025

Key Takeaways

• Median Sales Price:
  February’s median sales price reached $495,000, a 5.3% increase from January’s $470,000.

• Closed Sales:
  A total of 12 properties sold in February 2025, slightly fewer than January’s 15 sales.

• Days on Market:
  Homes spent an average of 14 days on the market, which is lower compared to the 37 days required in January of 2025, however the current average is still up compared to 1 day avergage in February of 2024

• Buyer Demand:
  Listings in the $400k–$500k range saw the most activity, with an average of 4 showings. Other price brackets generally attracted fewer in‐person visits.

What does this mean for you? 

• Pricing and Presentation Are Key to success
  With the median price rising month over month, buyers are increasingly cost‐conscious and selective. To capture their attention, ensure your home is accurately priced and well‐presented with professional staging and photography.

• Homes Are Selling in About Two Weeks
  Although the average days on market (14) is higher than last year, two weeks is still a relatively quick timeline. Although the average is trending in the right direction, proper preparation can be the difference between a timely sale and sitting on the market.

• Strong Mid‐Range Demand
  Properties in the $400k–$500k price bracket see the most showings. If you’re planning to sell in that range, expect active interest but also competition from similarly priced homes.

   Thinking About Selling?

  • Real Estate 919’s mission is to help home owners sell faster, easier, for more money by showcasing their property to buyers with professional staging and cinematic video.

  • Visit us at realestate919.com or give us a call at 919-752-5520 to get started.

  

  SELL YOUR RALEIGH - DURHAM PROPERTY FASTER, EASIER, AND FOR MORE MONEY

  Wendell Falls Real Estate Report Feb 25:

  ^{1) Median Sales Price:}

  

  Wendell Falls Subdivision Median Sales Price February 2025

• Median Sales price: $495,000 in February 2025
  This is up from $470,000 in January 2025, reflecting continued resilience in Wendell Falls home values.

• Month‐to‐Month Growth
  The 5.3% monthly increase may be partially driven by a concentration of sales in the $400k–$500k and $500k–$600k ranges.

_{2) Closed Sales Volume:}

• 12 Sales in February
  Down from January’s 15 sales, likely reflecting seasonal trends and a slight ebb in buyer traffic.

• Price Distribution

  • $300k–$399k: ~3 sales

  • $400k–$499k: ~3 sales

  • $500k–$599k: ~5 sales

  • Above $600k: Minimal activity (1 or fewer sales per bracket)
    This distribution shows that most buyers are gravitating toward mid‐price and upper‐mid‐price homes.

  _{3) Average Days on Market:}

• 14 Days in February 2025
  A 1,300% increase compared to just 1 day in February 2024.

• Interpreting the increase
  While the percentage increase sounds dramatic, a 14‐day listing period is still shorter than the national average. Nonetheless, sellers should plan for a longer listing window than the historically fast market of last year.

  _{4) Buyer Demand (showings) by Price Bracket:}

4) Buyer Demand (Showings) by Price Bracket

• $400k–$500k = 4 Showings per Listing
  This was the highest level of interest among all brackets in February.

• Fewer Showings in Other Ranges
  Both lower‐ and higher‐priced listings saw fewer than 4 showings on average, suggesting price sensitivity among buyers.

Outlook For the Coming Months

• Seasonal Factors
  As spring approaches, buyer activity often increases. Sellers who list soon may benefit from a rise in showings and potential offers.

• Mid‐Price Momentum
  Continued strength in the $400k–$600k segment could keep pushing the median price upward if inventory remains moderate.

• Slightly Longer Marketing Periods
  Expect buyers to be more deliberate in their home searches than in the past two years. Strategic pricing, staging, and negotiation remain the keys to a quick, profitable sale.

Thinking About Selling?

Real Estate 919 is on a mission to help 1,000 property owners sell faster, easier, and for more money. Our proven approach includes:

• Professional Staging & Photography
  Help buyers envision your home as their own—leading to stronger offers and shorter days on market.

• Cinematic Video Marketing
  Capture attention online with immersive tours that showcase your property’s best features.

• Accurate Pricing & Negotiation
  We use real‐time market data and expert negotiation skills to ensure you get top dollar.

Let’s Get Started

Visit realestate919.com or call 919‐752‐5520 to discuss how we can position your Wendell Falls property for success. With Real Estate 919, you’ll receive professional guidance, best‐in‐class marketing, and a seamless experience from list to close.