June 2026 Greater Triangle Market Report

The Triangle region continued to show steady movement in May despite a slight slowdown in new supply.

New listings were down 3.7%, while closed sales still managed a 0.2% increase, showing continued buyer activity in the market. Meanwhile, prices remain firm, with the average sales price up 3.6% year-to-date, now sitting at $486,662.
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Overall, it’s a balanced but quietly resilient market, less inventory, steady demand, and values holding strong as we move deeper into the year.

Chatham County continues to show a dynamic shift in May’s market activity.
New listings were down 16.6%, tightening available inventory, while closed sales actually rose 10%, showing continued buyer demand despite fewer homes hitting the market. At the same time, prices remain strong, with the average sales price up 3.2% year-to-date, now sitting at $781,440.

Overall, it’s a clear picture of a market where supply is shrinking, but demand is still pushing forward, keeping values resilient and competition steady.

Durham’s market continued to show steady strength in May. New listings were up slightly by 1%, while closed sales jumped a strong 10.6%, showing solid buyer activity across the city. At the same time, prices continue to rise, with the average sales price up 7.7%, now sitting at $487,402 year to date.
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Overall, it’s a market that’s still moving forward, steady supply, rising demand, and continued price growth keeping momentum firmly in place.

Orange County showed steady movement in May with balanced gains across key metrics. New listings were up 4.5%, giving buyers slightly more options, while closed sales also edged up 0.6%, reflecting consistent demand. At the same time, the market remains stable on pricing, with no change in average sales price, holding at $633,288 year-to-date.
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Overall, it’s a steady, well-balanced market, modest growth in inventory and sales activity, with values holding firm as the region continues through the year.

Person County saw a notable shift in activity this May. New listings surged 62.2%, bringing a significant boost in inventory, while closed sales also increased 5.7%, showing steady buyer engagement. At the same time, the average sales price climbed 14.3%, now sitting at $357,808 year-to-date.

Overall, it’s a market showing strong movement on both sides, more homes coming to market, solid sales activity, and rising prices reflecting continued demand and growing momentum in the area.

Wake County showed a mixed but steady performance in May. New listings were down 7.9%, tightening inventory across the market, while closed sales still increased 3.4%, showing continued buyer activity despite fewer homes available. At the same time, average sales price rose 1.7%, reaching $572,021 year-to-date.

Overall, it’s a resilient market, less supply, steady demand, and modest price growth keeping Wake County stable as we move through the year.

Buying or selling a home is a major milestone, and while it’s exciting, it also comes with a lot of pieces that have to come together at the right time. From understanding the market to managing the details behind the scenes, the process can feel like a lot to take on alone. 

Working with Carl Johnson means having a steady guide through it all, someone focused on simplifying each step and helping you move forward with clarity and confidence. Instead of feeling overwhelmed by decisions and deadlines, you’re supported with clear communication and a plan from start to finish, from the first conversation all the way to closing day.

You also gain access to a trusted network of professionals, including lenders, inspectors, contractors, and industry partners, all helping ensure your transaction stays on track and moves efficiently.

No matter where you are in the process, just starting to explore, preparing to sell, or actively searching for a home, having the right support makes all the difference.
Call 919-880-0904 to connect with Carl Johnson Real Estate and take your next step with confidence.

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