RALEIGH/ INSIDE THE BELTLINE AREA HOUSING MARKET DATA

There was a decrease in total units sold in September, with 168 sold this month in Raleigh/ Inside the Beltline Area Real Estate versus 204 last month, a decrease of 18%. 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 165 units or 33%. The total number of active inventory this September was 668 compared to 503 in September 2024. This month's total of 668 is higher than the previous month's total supply of available inventory of 654, an increase of 2%.

Last September, the median sale price for Raleigh/ Inside the Beltline Area Homes was $453,405. This September, the median sale price was approximately the same at $502,595. The current median sold price is 11% higher than in September 2024.

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 4.0 months of supply available in Raleigh/ Inside the Beltline Area, compared to 3.4 in September 2024. That is an increase of 17% 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 251 homes newly listed for sale in Raleigh/ Inside the Beltline Area compared to 219 in September 2024, an increase of 15%. There were 165 current contracts pending sale this September compared to 157 a year ago. The number of current contracts is 5% higher than last September.

In September, the average sale price in Raleigh/ Inside the Beltline Area was 97.8% of the average list price, which is 1.1% lower than at this time last year.

This month, the average number of days on market was 59, higher than the average last year, which was 39, an increase of 51%.





FOCUS ON: RALEIGH/ INSIDE THE BELTLINE AREA HOUSING MARKET			SEPTEMBER 2025

Zip Code(s): 27601, 27603, 27605, 27606, 27608 and 27612
Units Sold 168	Active Inventory 668	Median Sale Price $502,595	Days On Market 59

Up 14% Vs. Year Ago	Up 33% Vs. Year Ago	Up 11% Vs. Year Ago	Up 51% Vs. Year Ago


		Units Sold There was a decrease in total units sold in September, with 168 sold this month in Raleigh/ Inside the Beltline Area Real Estate versus 204 last month, a decrease of 18%. 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 165 units or 33%. The total number of active inventory this September was 668 compared to 503 in September 2024. This month's total of 668 is higher than the previous month's total supply of available inventory of 654, an increase of 2%.
		Median Sale Price Last September, the median sale price for Raleigh/ Inside the Beltline Area Homes was $453,405. This September, the median sale price was approximately the same at $502,595. The current median sold price is 11% higher than in September 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 251	Current Contracts 165	Sold Vs. List Price 97.8%	Months of Supply 4.0

Up 15% Vs. Year Ago	Up 5% Vs. Year Ago	Down -1.1% Vs. Year Ago	Up 17% Vs. Year Ago


		Months of Supply In September, there was 4.0 months of supply available in Raleigh/ Inside the Beltline Area, compared to 3.4 in September 2024. That is an increase of 17% 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 251 homes newly listed for sale in Raleigh/ Inside the Beltline Area compared to 219 in September 2024, an increase of 15%. There were 165 current contracts pending sale this September compared to 157 a year ago. The number of current contracts is 5% higher than last September.
		Sale Price to List Price Ratio In September, the average sale price in Raleigh/ Inside the Beltline Area was 97.8% of the average list price, which is 1.1% lower than at this time last year. Days on Market This month, the average number of days on market was 59, higher than the average last year, which was 39, an increase of 51%.


	Raleigh/ Inside the Beltline Area are defined as properties listed in zip code/s 27601, 27603, 27605, 27606, 27608 and 27612.
	*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.