Angier, Lillington, and Dunn Area Housing Market Data

There was a decrease in total units sold in September, with 130 sold this month in Angier, Lillington, and Dunn Area versus 150 last month, a decrease of 13%. This month's total units sold was higher than at this time last year, an increase of 10% versus September 2020.

Versus last year, the total number of homes available this month is lower by 17 units or 11%. The total number of active inventory this September was 139 compared to 156 in September 2020. This month's total of 139 is lower than the previous month's total supply of available inventory of 143, a decrease of 3%.

Last September, the median sale price for Angier, Lillington, and Dunn Area was $227,450. This September, the median sale price was $263,050, an increase of 16% or $35,600 compared to last year. The current median sold price is 2% higher than in August.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In September, there was 1.1 months of supply available in Angier, Lillington, and Dunn Area, compared to 1.3 in September 2020. That is a decrease of 19% 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.

This month there were 126 homes newly listed for sale in Angier, Lillington, and Dunn Area compared to 91 in September 2020, an increase of 38%. There were 115 current contracts pending sale this September compared to 96 a year ago. The number of current contracts is 20% higher than last September.

In September, the average sale price in Angier, Lillington, and Dunn Area was 101.3% of the average list price, which is 1.9% higher than at this time last year.

This month, the average number of days on market was 16, lower than the average last year, which was 52, a decrease of 69%.





Focus On: Angier, Lillington, and Dunn Area Housing Market			September 2021

Zip Code(s): 27501, 27546, 28334, 27521, 28323, 28339 and 27506
Units Sold 130	Active Inventory 139	Median Sale Price $263,050	Days On Market 16

Up 10% Vs. Year Ago	Down -11% Vs. Year Ago	Up 16% Vs. Year Ago	Down -69% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 130 sold this month in Angier, Lillington, and Dunn Area versus 150 last month, a decrease of 13%. This month's total units sold was higher than at this time last year, an increase of 10% versus September 2020.
Active Inventory Versus last year, the total number of homes available this month is lower by 17 units or 11%. The total number of active inventory this September was 139 compared to 156 in September 2020. This month's total of 139 is lower than the previous month's total supply of available inventory of 143, a decrease of 3%.
		Median Sale Price Last September, the median sale price for Angier, Lillington, and Dunn Area was $227,450. This September, the median sale price was $263,050, an increase of 16% or $35,600 compared to last year. The current median sold price is 2% higher than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 126	Current Contracts 115	Sold Vs. List Price 101.3%	Months of Supply 1.1

Up 38% Vs. Year Ago	Up 20% Vs. Year Ago	Up 1.9% Vs. Year Ago	Down -19% Vs. Year Ago


		Months of Supply In September, there was 1.1 months of supply available in Angier, Lillington, and Dunn Area, compared to 1.3 in September 2020. That is a decrease of 19% 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.
New Listings & Current Contracts This month there were 126 homes newly listed for sale in Angier, Lillington, and Dunn Area compared to 91 in September 2020, an increase of 38%. There were 115 current contracts pending sale this September compared to 96 a year ago. The number of current contracts is 20% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Angier, Lillington, and Dunn Area was 101.3% of the average list price, which is 1.9% higher than at this time last year. Days on Market This month, the average number of days on market was 16, lower than the average last year, which was 52, a decrease of 69%.


	Angier, Lillington, and Dunn Area are defined as properties listed in zip code/s 27501, 27546, 28334, 27521, 28323, 28339 and 27506.
	*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.