Below please find the February 2021 Market Update by County for the Triangle. 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. In Chatham County, there was a 9.2 percent decrease in the number of new listings in February, year to date, compared to last year, which decreased from 262 to 238. The number of closed sales increased from 173 to 185, a 6.9 percent increase. Median sales prices also increased by 11.5 percent. In February, Chatham County median sales price exceeded the median sales price for all MLS listings. In Durham County, new listings decreased by 13.1 percent and closed sales have decreased 12.5 percent year to date. Median sales price has increased 4.2 percent from this time last year, moving from $278,250 to $290,000. Average sales price increased by 7.1 percent year to date. In February, the Durham County median sales price was below the median sales price of all MLS listings. The number of listings in Orange County has decreased by 4.1 percent, from 319 new listings year to date last year to 306 new listings this year. There was a 28 percent increase in closed sales. Additionally, median sales price increased by 14.6 percent, from $297,995 to $330,000. In February, Orange County median sales price exceeded the median sales price for all MLS listings. The number of listings in Person County has decreased by 8.1 percent, from 74 new listings year to date last year to 80 new listings this year. There was a 60.4 percent increase in closed sales. Additionally, median sales price increased by 15.9 percent, from $173,000 to $200,500. In February, Person County median sales price exceeded the median sales price for all MLS listings. In Wake County, there was a decrease of 14.4 percent in the number of new listings year to date compared to last year, which decreased from 4,079 to 3,493. The number of closed sales increased 4.5 percent. Median sales prices also increased by 9.4 percent for February compared to February 2020. Compared to the median sales price for all MLS listings, Wake County median sales price were level in February. To learn more about Carl's services for Sellers, CLICK HERE.
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