Market Updates
Monthly real estate market snapshots for Stonegate and Wake Forest, NC.
August: The Quiet Month That Shows Stonegate Where Buyers Stand
Presented by Moving The Triangle Realty
August 2026
0
Properties Sold
13
Active Listings
Mortgage Rates
Courtesy of Carolina Mortgage Advisors
6.8%
30YR - FHA
7.22%
30YR - CONV
6.82%
15YR - CONV
Market Commentary
August was a quiet month for sales in Stonegate, with no homes closing after seven closed in July. The four resale homes that closed in July averaged $553,125 and brought their sellers 92.8% of original list price, while Wake Forest resale sellers received 95.9% of original on 97 August closings (average $572,377). Two Stonegate resale homes went under contract in August, and both did so after a price reduction. If you are a seller in Stonegate, the active listings show you where buyers are drawing the line. Nine resale homes are on the market at a median list price of $450,000, six of those nine have already reduced their price, and the median time on market sits at 110 days (roughly double the 54 days for active resale listings across Wake Forest). Buyers are shopping in our neighborhood, and the homes that are selling are the ones whose price matches what buyers are willing to pay. If you are a buyer, that combination gives you room to negotiate. Price reductions, longer market times, and a Wake Forest market where three out of four resale sellers closed below original list (75.3%) put price, terms, or both on the table. New construction in Stonegate runs on its own track, with four builder homes active and three July closings averaging $661,667 at 96.8% of original list, compared to 41 new construction closings across Wake Forest in August at 93.1% of original. Whether you plan to sell your home, buy one, or do both at the same time, the Stonegate numbers reward a plan built on the market as it stands today. We track every listing and every closing in the neighborhood each month, and we are glad to walk you through what these numbers mean for your home. Sales data: Doorify MLS.
Stonegate Sellers Faced a Tougher July
Presented by Moving The Triangle Realty
July 2026
7
Properties Sold
13
Active Listings
$599,643
Avg. Closed Price
Mortgage Rates
Courtesy of Carolina Mortgage Advisors
6.27%
30YR - FHA
6.76%
30YR - CONV
6.10%
15YR - CONV
Market Commentary
July brought more closings to Stonegate but a tighter month for sellers. Four resale homes closed at an average of $553,125 and 92.8% of original list price, down from 97.6% on five resale closings in June. Every July resale home closed below its original price. Across Wake Forest, 100 resale homes closed in July at an average of $626,326 and 96.2% of original list, with 78% of those sellers closing below their original price. For Stonegate homeowners, July showed how quickly the gap opens when a home comes to market above what buyers will pay. The homes priced close to the market closed within about a month at 97% to 99% of original list, while a longer stay on the market pulled the neighborhood's average down. Buyers still wrote two resale contracts in Stonegate during July, and both of those homes had already adjusted their price. New construction carried July's strongest results in Stonegate, with three builder homes closing at an average of $661,667 and 96.8% of original list. Across Wake Forest, 40 new construction homes closed in July at an average of $619,300 and 95.7% of original list. Whether you plan to sell your home, buy one, or do both at the same time, the Stonegate numbers reward a plan built on the market as it stands today. We track every listing and every closing in the neighborhood each month, and we are glad to walk you through what these numbers mean for your home. Sales data: Doorify MLS