APEX AREA HOUSING MARKET DATA

There was an increase in total units sold in July, with 171 sold this month in Apex Area Real Estate versus 168 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 10% versus July 2024.

Versus last year, the total number of homes available this month is higher by 147 units or 64%. The total number of active inventory this July was 378 compared to 231 in July 2024. This month's total of 378 is higher than the previous month's total supply of available inventory of 373, an increase of 1%.

Last July, the median sale price for Apex Area Homes was $640,000. This July, the median sale price was $641,340, which is similar compared to a year ago. The current median sold price is 3% higher 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.

In July, there was 2.2 months of supply available in Apex Area, compared to 1.5 in July 2024. That is an increase of 48% 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 210 homes newly listed for sale in Apex Area compared to 175 in July 2024, an increase of 20%. There were 160 current contracts pending sale this July compared to 137 a year ago. The number of current contracts is 17% higher than last July.

In July, the average sale price in Apex Area was 99.5% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 31, higher than the average last year, which was 27, an increase of 15%.





FOCUS ON: APEX AREA HOUSING MARKET			JULY 2025

Zip Code(s): 27502, 27539, 27523 and 27562
Units Sold 171	Active Inventory 378	Median Sale Price $641,340	Days On Market 31

Up 10% Vs. Year Ago	Up 64% Vs. Year Ago	No Change Vs. Year Ago	Up 15% Vs. Year Ago


		Units Sold There was an increase in total units sold in July, with 171 sold this month in Apex Area Real Estate versus 168 last month, an increase of 2%. This month's total units sold was higher than at this time last year, an increase of 10% versus July 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 147 units or 64%. The total number of active inventory this July was 378 compared to 231 in July 2024. This month's total of 378 is higher than the previous month's total supply of available inventory of 373, an increase of 1%.
		Median Sale Price Last July, the median sale price for Apex Area Homes was $640,000. This July, the median sale price was $641,340, which is similar compared to a year ago. The current median sold price is 3% higher 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.



New Listings 210	Current Contracts 160	Sold Vs. List Price 99.5%	Months of Supply 2.2

Up 20% Vs. Year Ago	Up 17% Vs. Year Ago	No Change Vs. Year Ago	Up 48% Vs. Year Ago


		Months of Supply In July, there was 2.2 months of supply available in Apex Area, compared to 1.5 in July 2024. That is an increase of 48% 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 210 homes newly listed for sale in Apex Area compared to 175 in July 2024, an increase of 20%. There were 160 current contracts pending sale this July compared to 137 a year ago. The number of current contracts is 17% higher than last July.
		Sale Price to List Price Ratio In July, the average sale price in Apex Area was 99.5% 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 31, higher than the average last year, which was 27, an increase of 15%.


	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.