CHAPEL HILL AREA HOUSING MARKET DATA

There was a decrease in total units sold in September, with 98 sold this month in Chapel Hill Area Real Estate versus 99 last month, a decrease of 1%. This month's total units sold was higher than at this time last year, an increase of 14% versus September 2024.

Versus last year, the total number of homes available this month is higher by 125 units or 53%. The total number of active inventory this September was 359 compared to 234 in September 2024. This month's total of 359 is lower than the previous month's total supply of available inventory of 381, a decrease of 6%.

Last September, the median sale price for Chapel Hill Area Homes was $575,000. This September, the median sale price was $621,100, an increase of 8% or $46,100 compared to last year. The current median sold price is 2% lower 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 3.7 months of supply available in Chapel Hill Area, compared to 2.7 in September 2024. That is an increase of 35% 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 141 homes newly listed for sale in Chapel Hill Area compared to 119 in September 2024, an increase of 18%. There were 119 current contracts pending sale this September compared to 103 a year ago. The number of current contracts is 16% higher than last September.

In September, the average sale price in Chapel Hill Area was 97.2% of the average list price, which is 2.1% lower than at this time last year.

This month, the average number of days on market was 52, higher than the average last year, which was 31, an increase of 68%.





FOCUS ON: CHAPEL HILL AREA HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 27510, 27514, 27516 and 27517
Units Sold 98	Active Inventory 359	Median Sale Price $621,100	Days On Market 52

Up 14% Vs. Year Ago	Up 53% Vs. Year Ago	Up 8% Vs. Year Ago	Up 68% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 98 sold this month in Chapel Hill Area Real Estate versus 99 last month, a decrease of 1%. This month's total units sold was higher than at this time last year, an increase of 14% versus September 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 125 units or 53%. The total number of active inventory this September was 359 compared to 234 in September 2024. This month's total of 359 is lower than the previous month's total supply of available inventory of 381, a decrease of 6%.
		Median Sale Price Last September, the median sale price for Chapel Hill Area Homes was $575,000. This September, the median sale price was $621,100, an increase of 8% or $46,100 compared to last year. The current median sold price is 2% lower 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 141	Current Contracts 119	Sold Vs. List Price 97.2%	Months of Supply 3.7

Up 18% Vs. Year Ago	Up 16% Vs. Year Ago	Down -2.1% Vs. Year Ago	Up 35% Vs. Year Ago


		Months of Supply In September, there was 3.7 months of supply available in Chapel Hill Area, compared to 2.7 in September 2024. That is an increase of 35% 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 141 homes newly listed for sale in Chapel Hill Area compared to 119 in September 2024, an increase of 18%. There were 119 current contracts pending sale this September compared to 103 a year ago. The number of current contracts is 16% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Chapel Hill Area was 97.2% of the average list price, which is 2.1% lower than at this time last year. Days on Market This month, the average number of days on market was 52, higher than the average last year, which was 31, an increase of 68%.


	Chapel Hill Area are defined as properties listed in zip code/s 27510, 27514, 27516 and 27517.
	*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.