Home Appreciation in Raleigh, North Carolina Area

This data compares home appreciation from the timeframe of July 2012-2013 to the timeframe of July 2017-2018

Raleigh

In Raleigh, homes have appreciated by 32% over the last 5 years. The average sales price between July 2012-2013 was $243,489 and five years later (July 2017-2018) it's $321,715. This represents a total appreciation of $78,226 for homeowners in Raleigh over the last five years.

The average days on market in Raleigh has decreased from 88 to 35. This is a significant decrease and only shows just how much buyer demand has increased locally.

Cary

Cary is largely a similar story to Raleigh in the fact that homes have appreciated by 26% over the last five years. While this

December 2016 Raleigh Real Estate Trends

November 2016 Raleigh, NC Housing Trends

October 2016 Housing Trends

September 2016 Housing Trends

Quick Analysis:

August 2016 Housing Trends in Raleigh are showing pretty similar results to a great July. With a 33 days on market average, time is of the essence for buyers. Average selling price has remained pretty consistent with last August and with last month. Looking at both graphics from last month and this month, the numbers are nearly identical. Does this mean we are reaching a turning point as we are heading towards the fall season? We will find out in next month's Raleigh Market Trends!

Raleigh Real Estate Market - June, 2016

Homes in Raleigh during the month of June 2016 appreciated 4.41% in terms of homes that sold.

A great indication of growth. The Raleigh housing market is known for it's slow and steady appreciation.

Housing Trends in Raleigh, NC June 2016 vs June 2015

4.41% - is the appreciation from June 2015 to June 2016 year over year in average selling price for residential homes in Raleigh.

$280,818 - the average price that homes for sale in Raleigh sold, which is up nearly $8,000 from June 2015.

30 days - the average number of days homes were on the market. This is the fastest selling market Raleigh has seen.

Thanks to the Raleigh Regional Association of Realtors® and Triangle MLS for the data

Raleigh Real Estate Market - May, 2016

Homes in Raleigh during the month of May 2016 sold for nearly 4.9% more than they did last year. This is a great sign of appreciation as the real estate market heats up in the summer months. People selling homes in Raleigh have had a much easier time in May 2016 than they did last year. The data shows that those who sold their home in May made on average, 4.5% more than those who sold last year. It's a terrific time to sell.

There was about 130 more homes active in May 2016 than in April 2016, and they were able to sell about 125 more. What's good about the month of May is that there was a 4.5% appreciation. 

Over the last few weeks we have received numerous leads of people that are looking to