Greater Triangle Market Report October 2024

New Listings in the Triangle Region experienced a 16.5% change from September 2023 to now. Although there was a 3.8% decrease in closed sales in September, the average sales price increased by 1.3%. Median Sales Price maintains its median sales price average of $400,000.​

New listings in Chatham County have had a 8.2% increase from September 2023 to now, with a 1.3% increase in average sales price for the month of September. Although the monthly supply of Homes for sale had a 16.7% decrease,  the Housing Affordability Index experienced a 21.3% increase.

Person County saw an 11.1% increase in new listings in the month of September. Although closed sales experienced a 43.2% decrease,  the median sales price had a 22.2% increase with average sales price at 13.2%.

Durham County saw a 1.8% increase in new listings in the month of September, while also having a 7.6% increase in closed sales. Although the average sales price saw a 1.9% diminish. the median sales price experienced a 5.6% increase. 

Wake County witnessed a remarkable 12.6% surge in new listings. Closed sales saw a downtick of 5.6%, while the median sales price had a 0.2% change in status.

In Orange County, new listings diminished by 13.9%. Although closed sales saw a 22% decline, the median sales price saw an increase of 8.7%.

Did you know? Hiring a realtor can save you time and stress in the home-buying process. Their expertise in the market, negotiation skills, and knowledge of the paperwork can streamline the journey to your dream home, ensuring a smooth and hassle-free experience.

Engaging a seasoned REALTOR like Carl Johnson, who is well-versed in the Greater Triangle area, brings a wealth of negotiation skills to the table. Whether you're buying or selling in Durham, Chapel Hill, Carrboro, or elsewhere in the Greater Triangle, Carl's expertise ensures you get the best deal possible. From navigating counteroffers to securing favorable terms, Carl Johnson’s finesse in negotiations can make a substantial difference in the outcome. Trusting Carl ensures you have a dedicated advocate, maximizing your chances of closing the deal on your terms. Call 919-880-0904 or visit our site today to leverage Carl's expertise in the Greater Triangle.