Great news for anyone interested in the North Carolina real estate market! The latest data from March 2023 shows that the market is continuing its upward trend. According to the North Carolina Association of Realtors, the median home price in the state has increased by 7.8%., an indication of the strong demand for properties in the area.
There has also been an uptick in new construction, which is good news for those looking for newly built homes. The increase in new construction is a positive sign for the overall health of the market, as it indicates that developers and builders have confidence in the future of the industry.
The state’s major metropolitan areas are experiencing particularly strong growth. Raleigh has seen a 7.1% increase.
If you’ve been considering buying or selling property in North Carolina, now might be the time. Call Carl Johnson Real Estate to learn more about how you can make the most of this exciting market. 919-880-0904!
CLICK HERE to read more about Carl's experience in the industry and to get in touch with him today!