Masha Halpern's Market Report

Carrboro, NC

Single-Family Homes

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



Carrboro, NC

Fri Dec 14 2018
This week the median list price for Carrboro, NC is $402,500 with the market action index hovering around 42. This is an increase over last month's market action index of 38. Inventory has held steady at or around 8. Click here to stay informed with the Carrboro market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Carrboro, NC

Fri Dec 14 2018
This week the median list price for Carrboro, NC is $402,500 with the market action index hovering around 42. This is an increase over last month's market action index of 38. Inventory has held steady at or around 8. Click here to stay informed with the Carrboro market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Carrboro market.
Median List Price $402,500
Per Square Foot $257
Days on Market 93
Price Decreased 38%
Price Increased 0%
Relisted 13%
Inventory 8
Median House Rent $1,300
Most Expensive $627,200
Least Expensive $265,000
Market Action Index
Slight Seller's Advantage
42

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
$613,550 2,569 0 - 4,500 sqft 4 4 11 0 0 182
$494,000 1,824 0 - 4,500 sqft 3 3 NaN 0 1 98
$328,500 1,582 0.25 - 0.5 acre 3 2 40 0 1 63
$282,450 1,189 0.25 - 0.5 acre 2 1 55 2 2 31