APEX AREA HOUSING MARKET DATA

There was a decrease in total units sold in June, with 165 sold this month in Apex Area Real Estate versus 171 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 13% versus June 2024.

Versus last year, the total number of homes available this month is higher by 149 units or 70%. The total number of active inventory this June was 363 compared to 214 in June 2024. This month's total of 363 is higher than the previous month's total supply of available inventory of 347, an increase of 5%.

Last June, the median sale price for Apex Area Homes was $662,500. This June, the median sale price was $665,000, which is similar compared to a year ago. The current median sold price is 1% higher than in May.

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

In June, there was 2.2 months of supply available in Apex Area, compared to 1.5 in June 2024. That is an increase of 50% 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 243 homes newly listed for sale in Apex Area compared to 218 in June 2024, an increase of 11%. There were 187 current contracts pending sale this June compared to 157 a year ago. The number of current contracts is 19% higher than last June.

In June, the average sale price in Apex Area was 99.6% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 25, higher than the average last year, which was 16, an increase of 56%.





FOCUS ON: APEX AREA HOUSING MARKET			JUNE 2025

Zip Code(s): 27502, 27539, 27523 and 27562
Units Sold 165	Active Inventory 363	Median Sale Price $665,000	Days On Market 25

Up 13% Vs. Year Ago	Up 70% Vs. Year Ago	No Change Vs. Year Ago	Up 56% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 165 sold this month in Apex Area Real Estate versus 171 last month, a decrease of 4%. This month's total units sold was higher than at this time last year, an increase of 13% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 149 units or 70%. The total number of active inventory this June was 363 compared to 214 in June 2024. This month's total of 363 is higher than the previous month's total supply of available inventory of 347, an increase of 5%.
		Median Sale Price Last June, the median sale price for Apex Area Homes was $662,500. This June, the median sale price was $665,000, which is similar compared to a year ago. The current median sold price is 1% higher than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 243	Current Contracts 187	Sold Vs. List Price 99.6%	Months of Supply 2.2

Up 11% Vs. Year Ago	Up 19% Vs. Year Ago	Down -1.3% Vs. Year Ago	Up 50% Vs. Year Ago


		Months of Supply In June, there was 2.2 months of supply available in Apex Area, compared to 1.5 in June 2024. That is an increase of 50% 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 243 homes newly listed for sale in Apex Area compared to 218 in June 2024, an increase of 11%. There were 187 current contracts pending sale this June compared to 157 a year ago. The number of current contracts is 19% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Apex Area was 99.6% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 25, higher than the average last year, which was 16, an increase of 56%.


	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.