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Throughout the Triangle region in December, market activity showed strong momentum. New listings increased by 7%, giving buyers more options, while closed sales surged by 13.2%, signaling continued demand and confident purchasing activity. At the same time, the average sales price climbed 2.6% to $490,987, reflecting steady appreciation and the overall strength of the local housing market. These trends point to a healthy balance of opportunity for both buyers and sellers as the region wrapped up the year and headed into the new one. In Chatham County, new listings declined by 10.4% in December, yet market activity remained strong. Closed sales jumped an impressive 34.7%, while the average sales price rose significantly by 7.9% to $699,390. These numbers highlight continued buyer demand and solid price growth despite tighter inventory. Overall, the market remains competitive, creating strong opportunities for sellers and motivated buyers alike. In December, Durham experienced a 14.8% increase in new listings, giving buyers more options and fresh inventory to explore. Closed sales also rose by 4.6%, while the average sales price climbed 10.8%, sitting at $552,400 signaling strong buyer demand and continued home value growth. Together, these trends point to a healthy, active market as Durham closed out the year with solid momentum. In December, despite Orange County’s 1.6% decrease in new listings, closed sales increased by 4%, while the average sales price rose 2.3% to $617,460. This steady performance highlights continued buyer activity and price stability across the market. Even with limited inventory, Orange County remained competitive as the year came to a close. In December, Person County experienced a sharp 45.7% decline in new listings, creating a tighter inventory for buyers to navigate. Despite this dip, closed sales showed remarkable resilience, jumping 39.1% as buyers remained active and eager to make moves before year-end. The average sales price eased by 6.5%, settling at $359,486, reflecting a slight market adjustment amid shifting supply and demand. Overall, the county’s market demonstrated both challenges and opportunities, highlighting the importance of timing and strategy for buyers and sellers alike. In December, Wake County experienced a 7.8% increase in new listings, giving buyers more opportunities to explore the market as the year wrapped up. Closed sales jumped 14.2%, showing strong buyer activity and continued confidence despite seasonal trends. The average sales price rose modestly by 0.6%, settling at $577,180, signaling steady growth and market stability. Overall, these numbers reflect a healthy, active market, with opportunities for both buyers and sellers as Wake County closed out the year.
Buying or selling a home can feel like a lot to manage, mountains of paperwork, a constantly shifting market, and unexpected surprises around every turn. That’s where an experienced REALTOR® like Carl Johnson makes all the difference. Carl walks you through every step of the process, turning what can be stressful into a clear, manageable, and even enjoyable experience. With Carl Johnson Real Estate, you also gain access to a trusted network of professionals, lenders, mortgage specialists, home inspectors, and contractors, so no detail is ever overlooked. This team approach saves you time, reduces stress, and gives you the confidence to make informed decisions every step of the way. Ready to start your journey? Call 919-880-0904 and let Carl Johnson Real Estate help you find your perfect home on the beautiful Crystal Coast. CLICK HERE to read this month's latest Luxury Market Report.
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