Market report, updated

Raleigh Home Values and Market Report

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Report prepared by Homesbybrg.com
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Market at a glance

Over the last 12 months, homes sold for 101.3% of list price in 83 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
OctNovDecJanFebMarAprMayJunJulAugSep

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.

18homes
Active6 · 33%
Under contract1 · 6%
Sold (12 mo)11 · 61%

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$321K
Under contract$350K
Sold$351K

Average days on market

Active102 days
Under contract12 days
Sold83 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 $320,550
Avg. days on market 102 days
Avg. price per ft² $185 Based on 5 of 6 homes
Avg. living area 1,998 ft² Based on 5 of 6 homes
Avg. beds / baths 3.0 / 3.0

Price vs. living area

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

1 home didn’t report living area and isn’t shown.

$600K$400K$200K$0

Price vs. living area: 5 homes plotted, up to $600K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 5 homes in this status.

605 Newlyn Drive$213
6840 Tarik Lane$194
2423 Memory Ridge Drive$186
1200 Glen Eden Drive$170
3702 San Pablo Drive$165

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1200 Glen Eden DriveRaleigh, NC 27612 443,193$544,500$17064 days
605 Newlyn DriveRaleigh, NC 27606 332,346$499,900$21361 days
2423 Memory Ridge DriveRaleigh, NC 27606 331,698$315,900$1866 days
6840 Tarik LaneRaleigh, NC 27610 331,428$278,000$194372 days
3702 San Pablo DriveRaleigh, NC 27616 221,326$220,000$1654 days
10541 Old Stage RoadRaleigh, NC 27603 ———$65,000—106 days
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