February Greater Triangle Market Report 2025

The Triangle region is certainly showing impressive growth! A 11.4% increase in new listings and a 13.2% surge in closed sales point to a thriving, competitive market. The modest 3.1% rise in the average sales price of $466,630, combined with a median sales price of $387,475, suggests that demand is strong but still manageable for a range of buyers.

It seems like this area is balancing growth with affordability, making it a very appealing spot for both buyers and sellers. If this trend continues, the Triangle could see even more attention in the months to come, particularly if people are seeking a mix of urban, suburban, and even rural living within a high-demand area.

Chatham County is clearly seeing some notable trends in its real estate market! The 1.7% decrease in new listings suggests that inventory is tightening a bit, which, combined with the significant 24.7% increase in median sales price at $716,000, shows strong price appreciation. The more substantial 29.1% rise in the average sales price of $809,037 indicates that higher-priced homes are likely making up a larger portion of the sales, driving the overall market up.

Durham County’s market appears to be in a great spot right now with a nice balance of supply and demand! The 4.0% increase in new listings is a positive sign, offering more options to buyers, while the 6.7% rise in closed sales, and average sales price of $456,477 shows that the market is still attracting strong interest and activity from buyers. This combination suggests a competitive but not overly tight market, where opportunities are there for both buyers and sellers.

Orange County is showing some interesting dynamics! The 7.2% decrease in new listings means fewer homes are being added to the market, which could be fueling a more competitive environment. The sharp 10.5% rise in closed sales indicates that buyers are actively engaging, and even with a boost in inventory, demand remains strong. The 2.4% decrease in average sales prices could suggest that sellers are slightly adjusting to the larger inventory, but buyers are still keen on securing homes in the area.

Person County is definitely experiencing some interesting shifts in its real estate market. The 15.8% decrease in new listings shows a tightening of inventory, but the 13.3% increase in average sales price at $308,592 indicates that demand is still strong. Even though fewer homes are coming onto the market, the rising prices suggest that buyers are actively competing for the available properties.

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Wake County is definitely showing signs of a dynamic real estate market! The 10.9% increase in new listings and the 11.5% rise in closed sales suggest that demand is still strong and there’s a healthy level of activity. The fact that the median sales price rose by 5.6% at $470,000 and the average sales price saw a 3.6% increase at $555,899, despite the growing supply is a clear indication of the area's resilience and continued desirability.

​Hiring a realtor can be incredibly beneficial during the home-buying process. Realtors bring valuable expertise in understanding local market trends, property values, and the complexities of paperwork. Their negotiation skills can help you secure the best price and terms, while their experience navigating inspections, financing, and legalities ensures a smoother, less stressful experience. Ultimately, a realtor acts as a trusted guide, saving you time, reducing uncertainty, and helping you make more informed decisions throughout the journey.

Engaging a seasoned REALTOR like Carl Johnson, who is highly experienced in the Greater Triangle area, brings invaluable negotiation skills to the table. Whether you're buying or selling in Durham, Chapel Hill, Carrboro, or elsewhere in the Greater Triangle, Carl’s deep understanding of the local market ensures you get top-tier service. Don't forget we also work at the Crystal Coast of NC. From navigating counteroffers to securing favorable terms, Carl's finesse in negotiations will significantly impact the outcome of your transaction. Trusting Carl means you have a dedicated advocate on your side, maximizing your chances of closing the deal with the best terms possible. 

Call 919-880-0904 or visit our site today to leverage Carl's expertise in the Greater Triangle.