Per the March report from Triangle MLS:
Across the entire Triangle region, the median sales price went from $394,900 to $387,000, which is a 2% decrease compared to March of last year. New listings were down by nearly 11%. Also decreased was the number of closed sales, which were 3,524.
In Chatham County, there was a 4.3% increase in new listings over March of last year. The number of closed sales increased between 2022 and 2023, rising from 101 to 108. The median sales prices also increased by 2.1%.
In Durham County, closed sales have decreased nearly 16% year to date. The Median sales price also fell, by nearly 3% compared to March last year, moving from $409,400 to $399,109. The average sales price, though, increased from $431,627 to $435,851.
The number of listings in Orange County decreased by 3.4% from 179 listings last year to date to 173 new listings this year. There was a year-to-date 16.2% decrease in closed sales. Additionally, the median sales price decreased by 7.9%.
The number of listings in Person County decreased by 13%. There was a 5.1% decrease in closed sales as well. Additionally, the median sales price increased by nearly 6%, from $229,900 to $242,990.
In Wake County, there was a decrease of nearly 16% in the number of new listings year to date compared to last year. The number of closed sales also decreased, by 11.1%. The Median sales prices increased by 2.2% year to date, rising to $460,000.
In Carteret County, there were 188 new listings, comprising residential and multi-family properties. There were 143 sold properties in March. While the average list price was $646,340, the average sales price was $584,565.
In Onslow County, there were 561 new listings, comprising residential and multi-family properties. There were 466 sold properties in March. While the average list price was $363,507, which shows to be increasing in April. The average sales price was $307,080.
If you’re ready to buy or sell in Carteret or Onslow County, Carl Johnson Real Estate can help you at the Crystal Coast. Give us a call at Carl Johnson Real Estate--919-880-0904—to learn more about how we can help get you to where you want and need to be.
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