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July brought relatively little change to the Triangle housing market. New listings decreased by 1.4%, while closed sales dipped 7%. The average sales price also saw a slight decrease of 0.4%, bringing the year-to-date average sales price to $494,535. While July numbers showed some modest softening, the market continues to demonstrate stability. Buyers and sellers are still active, and understanding the latest numbers is key when making your next real estate move. Chatham County saw a 19.5% increase in new listings in July, giving buyers more opportunities to choose from. Closed sales also grew by 2.8%, showing continued buyer activity across the county. Meanwhile, the average sales price decreased 6.4%, bringing the year-to-date average sales price to $804,304. Durham County saw some modest shifts in July. New listings decreased by 3%, while closed sales dipped 1.0%. The average sales price also declined 7.8%, bringing the year-to-date average sales price to $486,628. While some numbers moved lower, the market continues to offer opportunities for both buyers and sellers. Staying informed on these local trends can help you make confident real estate decisions. Orange County had a strong July, with new listings increasing by 24% and closed sales rising 5%. The average sales price also climbed 8.4%, bringing the year-to-date average sales price to $655,062. With more homes coming onto the market, sales activity picking up, and home values continuing to rise, the numbers are encouraging. Things are definitely heading in the right direction for Orange County! Person County had an impressive July, with new listings increasing 2.3% and closed sales jumping a whopping 78.3%. The average sales price also posted a strong 3.1% increase, bringing the year-to-date average sales price to $396,514. That surge in closed sales is especially encouraging and points to increased activity across the county. Overall, Person County is showing some strong momentum as we head into the second half of the year. Wake County saw some modest shifts in July, with new listings decreasing 2.7% and closed sales dipping 9.0%. The average sales price also edged down 0.3%, bringing the year-to-date average sales price to $582,042. While sales activity slowed somewhat, pricing remained relatively steady. Overall, Wake County’s market continues to show stability as buyers and sellers adjust to current conditions.
Buying or selling a home is a big life decision, and having the right guidance can make the process much easier. From navigating the market to managing the details behind the scenes, Carl Johnson is there to provide the communication, strategy, and support you need every step of the way. Carl’s trusted network of lenders, inspectors, contractors, and other industry professionals also helps keep the process organized and moving forward. Whether you’re ready to buy, sell, or simply explore your options, the right partner can make all the difference. Call 919-880-0904 to connect with Carl Johnson Real Estate and start your next chapter with confidence. CLICK HERE to read this month's latest Luxury Market Report.
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