HOLLY SPRINGS AREA HOUSING MARKET DATA

With relatively few transactions, there was an increase in total units sold in February, with 36 sold this month in Holly Springs Area Real Estate. This month's total units sold was lower than at this time last year, a decrease from February 2024.

Versus last year, the total number of homes available this month is higher by 17 units or 34%. The total number of active inventory this February was 67 compared to 50 in February 2024. This month's total of 67 is higher than the previous month's total supply of available inventory of 66, an increase of 2%.

Last February, the median sale price for Holly Springs Area Homes was $619,166. This February, the median sale price was $608,800, a decrease of 2% or $10,366 compared to last year. The current median sold price is 17% higher than in January.

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 1.9 months of supply available in Holly Springs Area, compared to 0.7 in February 2024. That is an increase of 161% 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 60 homes newly listed for sale in Holly Springs Area compared to 81 in February 2024, a decrease of 26%. There were 51 current contracts pending sale this February compared to 80 a year ago. The number of current contracts is 36% lower than last February.

In February, the average sale price in Holly Springs Area was 99.2% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 35, lower than the average last year, which was 91. This decrease was impacted by the limited number of sales.





FOCUS ON: HOLLY SPRINGS AREA HOUSING MARKET			FEBRUARY 2025

Zip Code(s): 27540
Units Sold 36	Active Inventory 67	Median Sale Price $608,800	Days On Market 35

Down Vs. Year Ago	Up 34% Vs. Year Ago	Down -2% Vs. Year Ago	Down Vs. Year Ago


		Units Sold With relatively few transactions, there was an increase in total units sold in February, with 36 sold this month in Holly Springs Area Real Estate. This month's total units sold was lower than at this time last year, a decrease from February 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 17 units or 34%. The total number of active inventory this February was 67 compared to 50 in February 2024. This month's total of 67 is higher than the previous month's total supply of available inventory of 66, an increase of 2%.
		Median Sale Price Last February, the median sale price for Holly Springs Area Homes was $619,166. This February, the median sale price was $608,800, a decrease of 2% or $10,366 compared to last year. The current median sold price is 17% higher than in January. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 60	Current Contracts 51	Sold Vs. List Price 99.2%	Months of Supply 1.9

Down -26% Vs. Year Ago	Down -36% Vs. Year Ago	No Change Vs. Year Ago	Up 162% Vs. Year Ago


		Months of Supply In February, there was 1.9 months of supply available in Holly Springs Area, compared to 0.7 in February 2024. That is an increase of 161% 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 60 homes newly listed for sale in Holly Springs Area compared to 81 in February 2024, a decrease of 26%. There were 51 current contracts pending sale this February compared to 80 a year ago. The number of current contracts is 36% lower than last February.
		Sale Price to List Price Ratio In February, the average sale price in Holly Springs Area was 99.2% 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 35, lower than the average last year, which was 91. This decrease was impacted by the limited number of sales.


	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.