Heritage Wake Forest 2013 Average New Home Sale Price Finished 16% Above 2012

Closed Strong Year; Anticipates Active First Quarter 2014

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Heritage Wake Forest - Rolesville

Heritage Wake Forest - Rolesville

Like most of our industry, we saw strong indicators that 2013 was the start of a refreshed housing market. The end of year numbers proved our projections and January is shaping up to be a busy month.

Wake Forest & Rolesville, NC (PRWEB) January 17, 2014

The master-planned community of Heritage in Wake Forest and Rolesville, NC closed 2013 with average new home sale prices up 16% over 2012. As a whole 2013 recorded new home closings 10 percent above projections as well as list to sales price ratios at 100 percent.

Last year saw a number of other key improvements over 2012 that indicate growth in 2014. Heritage homes commanded $10 more per square foot in 2013 and spent an average of 31 fewer days on the market. Construction of new homes remained strong last year with the completion of a number of neighborhoods within Heritage. And, preparation for the construction of more homes in 2014 is well underway.

“Like most of our industry, we saw strong indicators that 2013 was the start of a refreshed housing market,” says Andy Ammons, president of Ammons Development Group, Heritage developer. “The end of year numbers proved our projections and January is shaping up to be a busy month.”

Following strong numbers in November, December closings remained 15 percent higher than 2012. Traffic to the on-site sales center at Heritage are up over the last few weeks. With more than 80 homes and home sites in various stages of construction and available for purchase, home buyers tour Heritage inventory every day. For more information about life in the desirable Heritage community, please visit http://www.HeritageLiving.com. Coldwell Banker Howard Perry & Walston Builder Services manages sales for the community.

About Heritage
Heritage is located near the historic downtown district of Wake Forest, NC and extends into the growing community of Rolesville, NC. This master- planned community is comprised of 37 individual neighborhoods and offers townhomes and single-family homes priced from the $160s to the $600s. Heritage offers a variety of recreational amenities including golf, tennis, two swim complexes, miles of walking and biking trails, greenways, playgrounds, soccer fields, an amphitheater and a fully stocked fishing pond.

This exceptional community has been named Master Planned Community of the Year, three times in its twelve-year history by the Home Builder’s Association and the golf course was given an outstanding 4-1/2 Star rating by Golf Digest Magazine. Heritage was also named Best of the Best Neighborhood and Golf Course by Wake Forest Weekly in 2011, 2012 and 2013.

For more information on the community, please call 919-453-2000 or visit us online at http://www.HeritageLiving.com. Become a fan at Facebook.com/HeritageWakeForest. Sales by Coldwell Banker Howard Perry & Walston Builder Services. Marketing by Martin Communications.


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