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| FOCUS ON: APEX AREA HOUSING MARKET |
SEPTEMBER 2025 |
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| Zip Code(s): 27502, 27539, 27523 and 27562 |
Units Sold
157 |
Active Inventory
378 |
Median Sale Price
$631,840 |
Days On Market
42 |
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Up 29%
Vs. Year Ago |
Up 88%
Vs. Year Ago |
Up 1%
Vs. Year Ago |
Up 62%
Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in September, with 157 sold this month in Apex Area Real Estate versus 185 last month, a decrease of 15%. This month's total units sold was higher than at this time last year, an increase of 29% versus September 2024.
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Active Inventory
Versus last year, the total number of homes available this month is higher by 177 units or 88%. The total number of active inventory this September was 378 compared to 201 in September 2024. This month's supply remained stable as compared to last month.
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Median Sale Price
Last September, the median sale price for Apex Area Homes was $625,700. This September, the median sale price was $631,840, an increase of 1% or $6,140 compared to last year. The current median sold price is 5% 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.
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New Listings
209 |
Current Contracts
162 |
Sold Vs. List Price
99.1% |
Months of Supply
2.4 |
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Up 58%
Vs. Year Ago |
Up 25%
Vs. Year Ago |
No Change
Vs. Year Ago |
Up 46%
Vs. Year Ago |
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Months of Supply
In September, there was 2.4 months of supply available in Apex Area, compared to 1.6 in September 2024. That is an increase of 46% 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 209 homes newly listed for sale in Apex Area compared to 132 in September 2024, an increase of 58%. There were 162 current contracts pending sale this September compared to 130 a year ago. The number of current contracts is 25% higher than last September.
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Sale Price to List Price Ratio
In September, the average sale price in Apex Area was 99.1% of the average list price, which is similar compared to a year ago.
Days on Market
This month, the average number of days on market was 42, higher than the average last year, which was 26, an increase of 62%.
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Apex Area are defined as properties listed in zip code/s 27502, 27539, 27523 and 27562. |
| *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. |