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The Greater Triangle Region’s housing market picked up momentum in August. New listings rose 3.7%, showing that more homeowners feel confident bringing their properties to market. Closed sales also climbed a healthy 3.1%, signaling steady buyer interest and consistent activity. With both supply and demand on the rise, the market continues to display strength and balance heading through the summer. Meanwhile, the average sales price edged up 3.5%, reaching $503,331, highlighting steady appreciation across the region. In August, Chatham County saw new listings dip by 12.1%, yet closed sales climbed 17.7%, reflecting strong buyer activity. The average sales price in the area inched up 0.4%, reaching $739,420, signaling steady market value despite the slowdown in new inventory. Overall, the county’s market remains resilient, with buyers actively pursuing homes even as supply tightens. Durham County saw a significant 15.1% jump in new listings, pointing to heightened market activity and more options for buyers. Closed sales also increased 9.9%, reflecting strong demand. While the median sales price dipped slightly by 3.1%, the average sales price climbed 4.7%, reaching $504,677. Overall, the county’s market shows a healthy mix of opportunity and sustained buyer interest. Orange County saw notable growth and heightened market activity, with new listings rising 4.9%, highlighting growing seller confidence and more choices for buyers. Closed sales dipped slightly by 4.1%, indicating steady demand even amid changing price trends. The median sales price fell 2.1%, while the average sales price dropped 16.5% to $565,076. Despite the price shifts, the market remains active and continues to offer opportunities for both buyers and sellers. Person County’s housing market showed some interesting shifts this month. While new listings dropped by 19.4%, signaling fewer homes coming available, buyer activity stayed strong with closed sales soaring 20%. This demand helped push prices higher, with the average sales price rising 26.6% to $343,769, highlighting continued strength and growth in the market. Wake County’s market showed steady growth this month, with new listings ticking up by 1.1%, giving buyers a few more options to choose from. Closed sales climbed a solid 7.8%, reflecting healthy demand across the area. Prices also moved upward, with the average sales price increasing 3.6% to $612,693, underscoring the county’s continued market strength.
Buying or selling a home is one of the biggest financial moves you’ll ever make, and having the right REALTOR® by your side can make all the difference. From understanding market trends and property values to navigating paperwork and negotiations, a real estate professional provides invaluable expertise every step of the way. Their knowledge of inspections, financing, and legal details helps streamline the process, reducing stress and giving you peace of mind. In short, working with the right REALTOR® saves time, eases challenges, and empowers you to make confident, well-informed decisions. When you choose Carl Johnson, you gain more than a REALTOR®, you gain a trusted advocate. With deep expertise in the Greater Triangle area, including Durham, Chapel Hill, and Carrboro, Carl combines local insight with proven negotiation skills to consistently deliver results. His reach also extends to North Carolina’s beautiful Crystal Coast, offering clients a seamless, full-service experience across multiple regions. From reviewing offers to exploring listings and guiding you through closing, Carl is committed to making your real estate journey as smooth and successful as possible. With Carl Johnson Real Estate, your goals come first, and his dedication ensures you achieve the best possible outcome. CLICK HERE to read this month's latest Crystal Coast Report.
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