Tracey Velt's Market Report

Raleigh-Cary, NC

Single-Family Homes

HW Wire | Editorial Director | tracey@hwmedia.com | 407-716-0498



Raleigh-Cary, NC

Sun Feb 09 2025
This week the median list price for Raleigh-Cary, NC is $474,990 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 2,924. Click here to stay informed with the Raleigh-Cary market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Raleigh-Cary, NC

Sun Feb 09 2025
This week the median list price for Raleigh-Cary, NC is $474,990 with the market action index hovering around 38. This is an increase over last month's market action index of 37. Inventory has held steady at or around 2,924. Click here to stay informed with the Raleigh-Cary market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Real-Time Market Profile

Never miss important changes in the Raleigh-Cary market.
Median List Price $474,990
Median Price of New Listings $450,000
Per Square Foot $218
Average Days on Market 103
Median Days on Market 77
Price Decreased 34%
Price Increased 5%
Relisted 5%
Inventory 2,924
Median Rent
Market Action 38
Slight Seller's Advantage

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$975,000 3,500 0.5 - 1 acre 4 4 1 50 115 98
$556,939 2,651 0.25 - 0.5 acre 4 3 1 80 129 63
$420,000 2,149 0.25 - 0.5 acre 3 2.5 1 78 131 77
$324,950 1,556 0.25 - 0.5 acre 3 2 3 77 136 77