February 2026 Greater Triangle Market Report

Activity shifted a bit in the Triangle Region in the month of January, but the story isn’t all slowdown. New listings came in at 3,946, about 2.7% fewer than last year, which simply means slightly fewer homeowners decided to sell. Closed sales landed at 2,064, down 10.8% from the previous January, showing transactions moved at a calmer pace. The bright spot? Average sales price actually ticked up to $465,727, a 0.2% increase, proving that home values are still holding strong. In other words, while the number of deals and listings eased, pricing stayed resilient, a sign the market is balancing rather than slipping.

Chatham County witnessed a modest shift in market activity this January, signaling adjustment rather than instability. New listings totaled 104, an 11.1% decrease from last year, indicating fewer sellers entered the market. Closed sales reached 66, down only 4.3%, showing buyer demand remains present despite the lighter inventory flow. The most notable change appeared in pricing, with the average sales price settling at $702,080, a 13.6% decline year over year. Altogether, these numbers suggest the market is easing into a more balanced rhythm, with activity cooling slightly while still maintaining steady movement.

Durham County witnessed a steady but evolving start to the year, with market trends showing a mix of resilience and adjustment. New listings reached 389, a slight 2.5% dip from last January, suggesting just a few fewer homes entered the market. Meanwhile, closed sales actually climbed to 224, marking a 4.7% increase and pointing to solid buyer activity. On the pricing side, the average sales price came in at $451,979, a modest 0.7% decrease year over year. Altogether, these numbers indicate a market that’s staying active and competitive, with strong transaction momentum even as prices and listing volume level out.

Orange County witnessed a noticeable lift in activity to start the year, with new listings rising 8.2%, giving buyers more options than this time last year. Closed sales also moved up 4.8%, showing that demand is keeping pace with the increase in inventory. Meanwhile, the average sales price settled at $606,754, reflecting a 2.6% decrease year over year. Together, these trends point to a market that’s becoming more balanced, where growing inventory and steady buyer interest are helping stabilize pricing.

Person County saw a surge in market activity on the listing side, with new listings jumping 25%, bringing a noticeable increase in available homes. At the same time, closed sales declined 21.2%, suggesting buyers moved at a slower pace despite the added inventory. The average sales price came in at $302,738, reflecting a slight 1.9% decrease year over year. Altogether, these trends suggest the market is shifting toward more balance, with growing supply giving buyers more room to explore options.

Wake County witnessed a slight pullback in activity to start the year, with new listings dipping 1.8% and closed sales falling 14.4%, signaling a slower transaction pace compared to last year. Despite that, pricing showed strength, as the average sales price rose 1.5% to $562,490. Overall, the numbers suggest that while fewer homes are entering the market and sales have cooled, property values are still holding firm, pointing to continued buyer confidence. 

​Navigating a home purchase or sale can feel overwhelming, from stacks of paperwork to market changes and unexpected hurdles. That’s why having a seasoned REALTOR® like Carl Johnson on your side truly matters. Carl guides you through each stage, transforming what might seem complicated into a smooth, straightforward, and even enjoyable process.
When you work with Carl Johnson Real Estate, you’re also supported by a reliable network of professionals, including lenders, mortgage experts, inspectors, and contractors , ensuring every detail is handled with care. This collaborative approach saves time, eases stress, and empowers you to make confident, well-informed decisions from start to finish.
Ready to take the next step? Call 919-880-0904 and let Carl Johnson Real Estate help you discover the home that’s just right for you.

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