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FOCUS ON: CLAYTON AREA HOUSING MARKET |
JULY 2025 |
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Zip Code(s): 27520 and 27527 |
Units Sold
134 |
Active Inventory
420 |
Median Sale Price
$355,000 |
Days On Market
61 |
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Down -17%
Vs. Year Ago |
Up 15%
Vs. Year Ago |
Down -4%
Vs. Year Ago |
Up 45%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in July, with 134 sold this month in Clayton Area Real Estate versus 135 last month, a decrease of 1%. This month's total units sold was lower than at this time last year, a decrease of 17% versus July 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 55 units or 15%. The total number of active inventory this July was 420 compared to 365 in July 2024. This month's total of 420 is higher than the previous month's total supply of available inventory of 400, an increase of 5%.
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Median Sale Price
Last July, the median sale price for Clayton Area Homes was $370,445. This July, the median sale price was $355,000, a decrease of 4% or $15,445 compared to last year. The current median sold price is 2% lower than in June.
Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.
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New Listings
196 |
Current Contracts
128 |
Sold Vs. List Price
98.7% |
Months of Supply
3.1 |
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Up 4%
Vs. Year Ago |
Down -12%
Vs. Year Ago |
Down -0.6%
Vs. Year Ago |
Up 39%
Vs. Year Ago |
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Months of Supply
In July, there was 3.1 months of supply available in Clayton Area, compared to 2.3 in July 2024. That is an increase of 39% versus a year ago.
Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
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New Listings & Current Contracts
This month there were 196 homes newly listed for sale in Clayton Area compared to 189 in July 2024, an increase of 4%. There were 128 current contracts pending sale this July compared to 146 a year ago. The number of current contracts is 12% lower than last July.
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Sale Price to List Price Ratio
In July, the average sale price in Clayton Area was 98.7% of the average list price, which is 0.6% lower than at this time last year.
Days on Market
This month, the average number of days on market was 61, higher than the average last year, which was 42, an increase of 45%.
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Clayton Area are defined as properties listed in zip code/s 27520 and 27527. |
*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. |
Information included in this report is based on data supplied by TRIANGLE and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of TRIANGLE or Long & Foster Real Estate, Inc. |