CLAYTON AREA HOUSING MARKET DATA

There was an increase in total units sold in February, with 90 sold this month in Clayton Area Real Estate versus 85 last month, an increase of 6%. This month's total units sold was lower than at this time last year, a decrease of 17% versus February 2024.

Versus last year, the total number of homes available this month is lower by 17 units or 6%. The total number of active inventory this February was 286 compared to 303 in February 2024. This month's total of 286 is lower than the previous month's total supply of available inventory of 306, a decrease of 7%.

Last February, the median sale price for Clayton Area Homes was $365,000. This February, the median sale price was approximately the same at $344,950. The current median sold price is 5% lower than in February 2024.

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

In February, there was 3.2 months of supply available in Clayton Area, compared to 2.8 in February 2024. That is an increase of 13% 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 146 homes newly listed for sale in Clayton Area compared to 175 in February 2024, a decrease of 17%. There were 139 current contracts pending sale this February compared to 137 a year ago. The number of current contracts is 1% higher than last February.

In February, the average sale price in Clayton Area was 98.2% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 59, lower than the average last year, which was 95, a decrease of 38%.





FOCUS ON: CLAYTON AREA HOUSING MARKET			FEBRUARY 2025

Zip Code(s): 27520 and 27527
Units Sold 90	Active Inventory 286	Median Sale Price $344,950	Days On Market 59

Down -17% Vs. Year Ago	Down -6% Vs. Year Ago	Down -5% Vs. Year Ago	Down -38% Vs. Year Ago


		Units Sold There was an increase in total units sold in February, with 90 sold this month in Clayton Area Real Estate versus 85 last month, an increase of 6%. This month's total units sold was lower than at this time last year, a decrease of 17% versus February 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 17 units or 6%. The total number of active inventory this February was 286 compared to 303 in February 2024. This month's total of 286 is lower than the previous month's total supply of available inventory of 306, a decrease of 7%.
		Median Sale Price Last February, the median sale price for Clayton Area Homes was $365,000. This February, the median sale price was approximately the same at $344,950. The current median sold price is 5% lower than in February 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 146	Current Contracts 139	Sold Vs. List Price 98.2%	Months of Supply 3.2

Down -17% Vs. Year Ago	Up 1% Vs. Year Ago	No Change Vs. Year Ago	Up 13% Vs. Year Ago


		Months of Supply In February, there was 3.2 months of supply available in Clayton Area, compared to 2.8 in February 2024. That is an increase of 13% 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 146 homes newly listed for sale in Clayton Area compared to 175 in February 2024, a decrease of 17%. There were 139 current contracts pending sale this February compared to 137 a year ago. The number of current contracts is 1% higher than last February.
		Sale Price to List Price Ratio In February, the average sale price in Clayton Area was 98.2% 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 59, lower than the average last year, which was 95, a decrease of 38%.


	Clayton Area are defined as properties listed in zip code/s 27520 and 27527.
	*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.