Market report, updated

Raleigh Home Values and Market Report

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Report prepared by Crgelite.com Axen Realty
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Market at a glance

Over the last 12 months, homes sold for 97.5% of list price in 85 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $349K Sold · $347K
$750K$580K$410K$240K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 3 sales in Feb. Last month: 0.

Where the market stands

All homes in this report, by status.

19homes
Active6 · 32%
Under contract3 · 16%
Sold (12 mo)10 · 53%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

12.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$310K
Under contract$322K
Sold$352K

Average days on market

Active80 days
Under contract70 days
Sold85 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 6
Average list price $309,783
Avg. days on market 80 days
Avg. price per ft² $201
Avg. living area 1,530 ft²
Avg. beds / baths 2.7 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 6 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 6 homes in this status.

300 Crosspine Drive$272
605 Newlyn Drive$213
6840 Tarik Lane$194
2423 Memory Ridge Drive$186
2161 Ventana Lane$181
3702 San Pablo Drive$165

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2161 Ventana LaneRaleigh, NC 27604 231,156$209,900$1810 days
300 Crosspine DriveRaleigh, NC 27603 321,229$335,000$2721 day
3702 San Pablo DriveRaleigh, NC 27616 221,326$220,000$16513 days
2423 Memory Ridge DriveRaleigh, NC 27606 331,698$315,900$18615 days
605 Newlyn DriveRaleigh, NC 27606 332,346$499,900$21370 days
6840 Tarik LaneRaleigh, NC 27610 331,428$278,000$194381 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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