Apex Homes Sold, May 2010

The Apex real estate market has been very resilient in 2010 with the number of homes sold increasing 20% from 2009 levels, and the average price increasing around 4%.  Apex foreclosures for sale have also remained very low, a great sign of stability in the market. Only 10 foreclosure sales have closed in Apex year to day vs. six for the same period in 2009.

The numbers in this report are from Triangle MLS pulled by ChangingStreets.com for the City of Apex.

Apex Homes Sold in May:

2009   -    70

2010   -    84 ^

Average Price of Apex Homes Sold in May:

2009   -   $250,026

2010   -   $268,448 ^

Year To Date Apex Homes Sold:

2009   -   270

2010   -   326 ^

Year To Date Price on Apex Homes Sold:

2009   -   $251,142

2010   -   $263,053 ^

The average home sold year to date in Apex is a three bedroom, two bath 2245 square foot home listed at $271,149.

There are currently 527 active Apex Homes for Sale. The average home currently for sale in Apex is a three bedroom, three bath 2413 square foot home priced at $302,817. Click here to see a sample of the average Apex Homes for Sale.

There are currently only 11 active foreclosure or short sale listings in Apex and only six of the 120 listings currently under contract are foreclosures. Click here to see Current Apex Foreclosure and Short Sale listings.