HOLLY SPRINGS AREA HOUSING MARKET DATA

There was an increase in total units sold in March, with 55 sold this month in Holly Springs Area Real Estate. This month's total units sold was lower than at this time last year.

Versus last year, the total number of homes available this month is higher by 26 units or 51%. The total number of active inventory this March was 77 compared to 51 in March 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 69, an increase of 12%.

Last March, the median sale price for Holly Springs Area Homes was $613,000. This March, the median sale price was $565,000, a decrease of 8% or $48,000 compared to last year. The current median sold price is 7% lower than in February.

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

In March, there was 1.4 months of supply available in Holly Springs Area, compared to 0.8 in March 2024. That is an increase of 76% 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 71 homes newly listed for sale in Holly Springs Area, which is similar to the amount in March 2024. There were 57 current contracts pending sale this March compared to 64 a year ago. The number of current contracts is 11% lower than last March.

In March, the average sale price in Holly Springs Area was 99.5% of the average list price, which is 1.0% lower than at this time last year.

This month, the average number of days on market was 34, lower than the average last year, which was 78, a decrease of 56%.





FOCUS ON: HOLLY SPRINGS AREA HOUSING MARKET			MARCH 2025

Zip Code(s): 27540
Units Sold 55	Active Inventory 77	Median Sale Price $565,000	Days On Market 34

Down -14% Vs. Year Ago	Up 51% Vs. Year Ago	Down -8% Vs. Year Ago	Down -56% Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 55 sold this month in Holly Springs Area Real Estate. This month's total units sold was lower than at this time last year.
Active Inventory Versus last year, the total number of homes available this month is higher by 26 units or 51%. The total number of active inventory this March was 77 compared to 51 in March 2024. This month's total of 77 is higher than the previous month's total supply of available inventory of 69, an increase of 12%.
		Median Sale Price Last March, the median sale price for Holly Springs Area Homes was $613,000. This March, the median sale price was $565,000, a decrease of 8% or $48,000 compared to last year. The current median sold price is 7% lower than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 71	Current Contracts 57	Sold Vs. List Price 99.5%	Months of Supply 1.4

No Change Vs. Year Ago	Down -11% Vs. Year Ago	Down -1% Vs. Year Ago	Up 75% Vs. Year Ago


		Months of Supply In March, there was 1.4 months of supply available in Holly Springs Area, compared to 0.8 in March 2024. That is an increase of 76% 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 71 homes newly listed for sale in Holly Springs Area, which is similar to the amount in March 2024. There were 57 current contracts pending sale this March compared to 64 a year ago. The number of current contracts is 11% lower than last March.
		Sale Price to List Price Ratio In March, the average sale price in Holly Springs Area was 99.5% of the average list price, which is 1.0% lower than at this time last year. Days on Market This month, the average number of days on market was 34, lower than the average last year, which was 78, a decrease of 56%.


	Holly Springs Area are defined as properties listed in zip code/s 27540.
	*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.