Luxury Homes Market Report for Wake Forest NC - October 2010

Luxury Homes in Wake Forest NC make up 4% of the entire inventory of homes for sale.  For the purpose of this report a Luxury Home is defined as having a list price of $800,000.00 and above.Within the entire Wake Forest Real Estate Market this luxury tier has the highest absorption rate which is currently at 29.  For an explanation of the Absorption Rate and how it affects you as either a buyer