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| AUGUST 2025 | |||
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| Units Sold 2,811 |
Active Inventory 9,603 |
Median Sale Price $440,000 |
Days On Market 53 |
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| Up 3% Vs. Year Ago |
Up 33% Vs. Year Ago |
Up 3% Vs. Year Ago |
Up 36% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in August, with 2,811 sold this month in The Triangle Real Estate versus 3,149 last month, a decrease of 11%. This month's total units sold was higher than at this time last year, an increase of 3% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 2,385 units or 33%. The total number of active inventory this August was 9,603 compared to 7,218 in August 2024. This month's total of 9,603 is lower than the previous month's total supply of available inventory of 9,914, a decrease of 3%. |
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Median Sale Price
Last August, the median sale price for The Triangle Homes was $425,900. This August, the median sale price was approximately the same at $440,000. The current median sold price is 3% higher than in August 2024. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 3,656 |
Current Contracts 2,938 |
Sold Vs. List Price 98.5% |
Months of Supply 3.4 |
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| Up 4% Vs. Year Ago |
Up 20% Vs. Year Ago |
Down -0.8% Vs. Year Ago |
Up 29% Vs. Year Ago |
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Months of Supply
In August, there was 3.4 months of supply available in The Triangle, compared to 2.6 in August 2024. That is an increase of 29% 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. |
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New Listings & Current Contracts
This month there were 3,656 homes newly listed for sale in The Triangle compared to 3,503 in August 2024, an increase of 4%. There were 2,938 current contracts pending sale this August compared to 2,446 a year ago. The number of current contracts is 20% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in The Triangle was 98.5% of the average list price, which is 0.8% lower than at this time last year. Days on Market
This month, the average number of days on market was 53, higher than the average last year, which was 39, an increase of 36%. | |||
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*Defined as: the counties of Alamance, Chatham, Durham, Franklin, Granville, Harnett, Johnston, Orange, and Wake in NC. | ||
| *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. |
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