Welcome to the June 2023 Real Estate Market Report for Angier, NC, brought to you by Jonathan Owens of Owens Realty Team powered by Fathom, an award-winning Realtor with 14 years of experience in the greater Triangle area of North Carolina. In this blog, we will explore the latest market statistics and trends in Angier, offering valuable insights to both prospective buyers and sellers in this thriving community.
Market Statistics:
- Median Home Price: As of June 2023, the median home price in Angier stands at $340,990. This reflects a competitive market with steadily rising property values.
- Homes Sold: A total of 63 homes were sold in Angier during June, showcasing a vibrant and active real estate market.
- Days on Market: Homes in Angier are in high demand, with the average time it takes to sell a property being just 6 days. This rapid turnover indicates strong buyer interest and competition among eager homeowners.
- Inventory: With 156 homes available for sale, Angier is experiencing a shortage of available properties. This low inventory contributes to the competitive nature of the market.
- List Price to Sales Price: Sellers in Angier are achieving favorable outcomes, with homes selling at an impressive 99.07% of their list price. This signifies a seller’s market where buyers are willing to pay close to the asking price.
Market Trends:
- Increasing Inventory: The number of homes for sale has seen a notable increase of 20% year-over-year. While this may offer more options for buyers, the market’s pace is still swift, and desirable properties may not stay on the market for long.
- Decreased Time to Sell: The average time it takes to sell a home in Angier has decreased. This indicates that well-priced and appealing properties are attracting eager buyers quickly.
Acting in a Favorable Buyer’s Market: For prospective homebuyers, the current market conditions in Angier offer an advantageous opportunity to purchase a property. With homes selling at or near the list price and an increasing inventory, there is a window of choice for buyers. However, being prepared to act swiftly is essential, as properties tend to move quickly due to high demand. As a trusted Realtor with extensive knowledge of the Triangle area, Jonathan Owens and his Owens Realty Team can provide valuable guidance and assistance throughout the home-buying process, ensuring you find the perfect home to meet your needs.
Navigating a Quaint Town: As a small town, Angier offers a charming and close-knit community with a unique blend of rural charm and modern amenities. For potential buyers seeking a quieter lifestyle with easy access to the Triangle area’s bustling cities, Angier presents an ideal choice. However, given the town’s smaller inventory, it’s essential to be open to some compromises on preferences while exploring the available properties.
In conclusion, the real estate market in Angier, NC, is characterized by an active and competitive landscape, with properties selling swiftly and at close to the list price. For potential buyers, the market conditions present an excellent opportunity to find a dream home in this charming town. Jonathan Owens and his Owens Realty Team, powered by Fathom, possess the expertise and local knowledge to help you navigate the market successfully.
Whether you’re a first-time buyer or a seasoned investor, acting quickly and seeking professional guidance will be vital in securing a property in Angier. With its small-town appeal and proximity to the Triangle area, Angier offers a delightful and desirable place to call home. Reach out to Jonathan Owens today to embark on your journey towards finding the perfect home in this thriving community.
