Masha Halpern's Market Report

Carrboro, NC

Single-Family Homes

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



Carrboro, NC

Sat Aug 17 2019
This week the median list price for Carrboro, NC is $444,500 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has held steady at or around 16. 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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Carrboro, NC

Sat Aug 17 2019
This week the median list price for Carrboro, NC is $444,500 with the market action index hovering around 45. This is less than last month's market action index of 47. Inventory has held steady at or around 16. 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

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Carrboro market.
Median List Price $444,500
Per Square Foot $209
Days on Market 64
Price Decreased 50%
Price Increased 0%
Relisted 6%
Inventory 16
Median House Rent $1,525
Most Expensive $699,000
Least Expensive $160,000
Market Action Index
Strong Seller's Market
45

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

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
$687,000 2,734 0.25 - 0.5 acre 5 3 10 1 0 105
$480,000 2,700 0.25 - 0.5 acre 4 3 28 1 0 33
$389,950 1,930 0.5 - 1 acre 3 2 56 0 1 91
$189,950 878 8,000 - 10,000 sqft 2 1 65 2 0 29