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To see market stats for communities in the Triangle, mouse over communities on this website and click on the community you would like market stats on and scroll to the bottom of the page. This resource is current to the date you pull data. Just another resource we offer to assist you with increasing your knowledge base about Real Estate. Below please find the September 2020 Market Update by County for the Triangle. In Chatham County, there was a 6.8 percent decrease in the number of new listings in August, year to date, compared to last year, which decreased from 1,390 to 1,295. The number of closed sales increased from 979 to 1,061, a 8.4 percent increase. Median sales prices also increased by 7.5 percent. In August 2020, Chatham County median sales price exceeded the median sales price for all MLS listings.  In Durham County, new listings decreased by 6.3 percent and closed sales have decreased by 0.7 percent year to date. Median sales price has increased 5.4 percent from this time last year, moving from $279,990 to $295,000. Average sales price increased by 6.3 percent year to date. In 2020, the Durham County median sales price have been higher than the median sales price of all MLS listings.  The number of listings in Orange County has decreased by 14.5 percent, from 1,925 new listings year to date last year to 1,646 new listings this year. There was a 6 percent decrease in closed sales. Additionally, median sales price increased by 2.5 percent, from $317,000 to $325,000. In 2020, Orange County median sales price has been below the median sales price for all MLS listings.  In Wake County, there was a decrease of 3.9 percent in the number of new listings year to date compared to last year, which decreased from 20,255 to 19,474. The number of closed sales increased 4.8 percent from 16,061 to 16,831. Median sales prices also increased by 7.9% for August compared to August 2019. Compared to the median sales price for all MLS listings, Wake County median sales price were higher in August. 
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In Chatham County, there was a 5.9 percent decrease in the number of new listings in August, year to date, compared to last year, which decreased from 1,243 to 1,170. The number of closed sales increased from 863 to 924, a 7.1 percent increase. Median sales prices also increased by 7 percent. In August 2020, Chatham County median sales price exceeded the median sales price for all MLS listings.  In Durham County, new listings decreased by 7.1 percent and closed sales have decreased by 2.9 percent year to date. Median sales price has increased 5.6 percent from this time last year, moving from $270,000 to $285,165. Average sales price increased by 5.8 percent year to date. In 2020, the Durham County median sales price have been higher than the median sales price of all MLS listings.  The number of listings in Orange County has decreased by 16.1 percent, from 1,762 new listings year to date last year to 1,478 new listings this year. There was a 10.1 percent decrease in closed sales. Additionally, median sales price increased by 1.6 percent, from $319,900 to $325,000. In 2020, Orange County median sales price has been below the median sales price for all MLS listings.  In Wake County, there was a decrease of 4.8 percent in the number of new listings year to date compared to last year, which decreased from 18,215 to 17,341. The number of closed sales increased 2 percent from 14,413 to 14,703. Median sales prices also increased by 10.9% for August compared to August 2019. Compared to the median sales price for all MLS listings, Wake County median sales price were higher in August.  Despite a raging pandemic and widespread unemployment, residential sales activity stayed hot in the Triangle during the last few months with supply plummeting amid rising demand and sales of new homes reaching numbers not seen since before the Great Recession.
Across the market, July sales jumped 5 percent year-over-year, with pending sales up 19 percent and prices up 5 percent, according to a recent MLS analysis by market appraiser Stacey Anfindsen. Click Here to read entire article from The Triangle Business Journal.  Even in the midst of the coronavirus pandemic and the resulting recession, the Carl Johnson Real Estate has been working incredibly hard to ensure their clients are happy through the entire home selling process. Carl is listing more properties than ever before. Since the start of 2020, Carl has been helping buyers and sellers and the stats speak for themselves.
By pricing homes in a position of strength and providing staging & repair/update services that make your home stand out from the competition, Carl has received multiple offers and over asking price for all but one of his listings. In addition, Carl has averaged $13,000 over asking price in 2020 with the highest being $31,000 over asking price. With the help of Carl’s marketing team, a custom multi-platform marketing strategy is implemented that sells your home quickly for the highest amount and shortest period of time possible. 2020 Homes have been sold at an average of 4.5 days, all with multiple offers, with half of the homes selling in 4 days. This is incredibly quick, for the national average is 48 days and the NC average is 57 days. Carl’s commitment to communication with buyer agents and his clients assist Carl with soaring above the competition by providing a high level of service. As Carl always says, “a commitment to clear and timely communication is the key to success.” What makes Carl unique? He goes above and beyond and will stop at nothing to get the job done. Read Carl’s Testimonials CLICK HERE Contact Carl for a seamless and efficient Real Estate transaction CLICK HERE Due to the corona virus pandemic, now more than ever, it is crucial to stay safe and sanitary. Read below to learn how contactless payment can help support this goal.  Click Here to learn about Carl's staging service.
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