Masha Halpern's Market Report

Carrboro, NC

Single-Family Homes

Boutique Real Estate at Keller Williams Realty | Masha@MashaHalpern.com



Carrboro, NC

Wed Oct 23 2019
This week the median list price for Carrboro, NC is $433,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has held steady at or around 14. Click here to stay informed with the Carrboro market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Carrboro, NC

Wed Oct 23 2019
This week the median list price for Carrboro, NC is $433,000 with the market action index hovering around 50. This is about the same as last month's market action index of 50. Inventory has held steady at or around 14. Click here to stay informed with the Carrboro market!

Market Action Index

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

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Carrboro market.
Median List Price $433,000
Per Square Foot $214
Days on Market 62
Price Decreased 36%
Price Increased 7%
Relisted 0%
Inventory 14
Median House Rent $1,250
Most Expensive $700,000
Least Expensive $279,000
Market Action Index
Strong Seller's Market
50

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$599,900 2,265 8,000 - 10,000 sqft 4 3 21 1 0 165
$485,000 3,081 0.25 - 0.5 acre 4 3 28 0 1 65
$429,000 2,194 0.25 - 0.5 acre 4 4 15 0 0 29
$309,250 1,107 0.25 - 0.5 acre 3 1 56 1 1 14