CHAPEL HILL AREA HOUSING MARKET DATA

There was a decrease in total units sold in June, with 141 sold this month in Chapel Hill Area Real Estate versus 155 last month, a decrease of 9%. This month's total units sold was higher than at this time last year, an increase of 14% versus June 2024.

Versus last year, the total number of homes available this month is higher by 150 units or 62%. The total number of active inventory this June was 393 compared to 243 in June 2024. This month's total of 393 is higher than the previous month's total supply of available inventory of 380, an increase of 3%.

Last June, the median sale price for Chapel Hill Area Homes was $690,000. This June, the median sale price was $669,000, a decrease of 3% or $21,000 compared to last year. The current median sold price is 5% 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 2.8 months of supply available in Chapel Hill Area, compared to 2.0 in June 2024. That is an increase of 42% 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 188 homes newly listed for sale in Chapel Hill Area compared to 148 in June 2024, an increase of 27%. There were 126 current contracts pending sale this June compared to 116 a year ago. The number of current contracts is 9% higher than last June.

In June, the average sale price in Chapel Hill Area was 99.9% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 25, higher than the average last year, which was 22, an increase of 14%.





FOCUS ON: CHAPEL HILL AREA HOUSING MARKET			JUNE 2025

Zip Code(s): 27510, 27514, 27516 and 27517
Units Sold 141	Active Inventory 393	Median Sale Price $669,000	Days On Market 25

Up 14% Vs. Year Ago	Up 62% Vs. Year Ago	Down -3% Vs. Year Ago	Up 14% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 141 sold this month in Chapel Hill Area Real Estate versus 155 last month, a decrease of 9%. This month's total units sold was higher than at this time last year, an increase of 14% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 150 units or 62%. The total number of active inventory this June was 393 compared to 243 in June 2024. This month's total of 393 is higher than the previous month's total supply of available inventory of 380, an increase of 3%.
		Median Sale Price Last June, the median sale price for Chapel Hill Area Homes was $690,000. This June, the median sale price was $669,000, a decrease of 3% or $21,000 compared to last year. The current median sold price is 5% 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 188	Current Contracts 126	Sold Vs. List Price 99.9%	Months of Supply 2.8

Up 27% Vs. Year Ago	Up 9% Vs. Year Ago	No Change Vs. Year Ago	Up 42% Vs. Year Ago


		Months of Supply In June, there was 2.8 months of supply available in Chapel Hill Area, compared to 2.0 in June 2024. That is an increase of 42% 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 188 homes newly listed for sale in Chapel Hill Area compared to 148 in June 2024, an increase of 27%. There were 126 current contracts pending sale this June compared to 116 a year ago. The number of current contracts is 9% higher than last June.
		Sale Price to List Price Ratio In June, the average sale price in Chapel Hill Area was 99.9% 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 25, higher than the average last year, which was 22, an increase of 14%.


	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.