May Greater Triangle Market Report 2025

In April, the Greater Triangle Region demonstrated solid growth in market activity, with new listings rising by 18% compared to the previous month and showing a 14.6% increase year-to-date. This surge in inventory suggests growing seller confidence and a more active spring market. However, despite the increase in listings, the region experienced a modest dip in both closed sales and average sales price, indicating a possible shift in buyer behavior or a period of market adjustment.

Chatham County experienced notable growth in April, marked by a 7.9% increase in new listings and a 2.6% rise in the median sales price. The average sales price also climbed by 2.3%, reaching $764,395. These trends reflect a steady demand for homes in the area and signal a healthy, upward trajectory in the local market.

Durham County saw a significant 33.3% increase in new listings in April, indicating a surge in market activity. While the number of closed sales declined, the market showed strength in pricing, with the median sales price rising by 5.4% and the average sales price increasing by 7.6%, reaching $492,446. These figures suggest that, despite fewer transactions, property values continue to trend upward, reflecting sustained demand in the area.

Orange County experienced strong market growth in April, with new listings up by 23.4%, signaling increased activity and seller confidence. The median sales price rose by 3.2%, while the average sales price saw a notable 22.8% jump, reaching $677,858. This sharp rise in average pricing reflects strong demand for higher-value properties and continued upward momentum in the local luxury market.

In April, Person County's housing market experienced a downturn in both closed sales and median sales prices. The average sales price dropped by 14%, landing at $334,348, signaling a cooling trend compared to previous months. Despite the decline in prices and sales volume, the market showed a notable increase in seller activity. New listings surged by an impressive 90.4%, marking a significant rise in available inventory.
This sharp uptick in new listings indicates a renewed confidence among homeowners looking to sell, potentially creating a more balanced market. For buyers, the increase in inventory may present expanded choices and improved negotiating conditions. While the decrease in pricing reflects a temporary slowdown, the influx of listings could stimulate more market activity in the coming months, offering new opportunities for both buyers and sellers.

Wake County reflected similar housing market trends observed in Person County during the month of April. The area experienced a decline in both median and average sales prices, with the median sales price falling by 8.2% and the average sales price decreasing by 2.9%. These figures suggest a cooling in home values compared to the same period last year, possibly influenced by shifting buyer demand, higher interest rates, or broader economic conditions.
Despite the dip in pricing, seller activity gained noticeable traction. New listings rose by 16%, indicating a growing number of homeowners entering the market. This increase in inventory may help ease some of the pressure on buyers who have faced limited options in recent months and could also lead to more balanced negotiations between buyers and sellers.


​Working with a REALTOR® can make all the difference in your home-buying or selling journey. From navigating market trends and property values to managing complex paperwork, a REALTOR® provides expert guidance every step of the way. Their negotiation skills can help secure the best possible deal, while their experience with inspections, financing, and legal details ensures a smoother, less stressful process. Simply put, partnering with a trusted real estate professional saves time, minimizes stress, and empowers you to make confident, informed decisions.
When you choose to work with Carl Johnson, you're gaining more than just a REALTOR®—you’re gaining a dedicated advocate. With deep expertise in the Greater Triangle area—including Durham, Chapel Hill, and Carrboro—Carl brings unmatched local insight and strong negotiation skills to every transaction. His services also extend to North Carolina’s beautiful Crystal Coast, offering clients a seamless, full-service experience across multiple regions. Whether you're reviewing offers or finalizing closing details, Carl is committed to achieving the best results and guiding you to success in every step of your real estate journey.
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CLICK HERE to view this month's latest Crystal Coast report.