The Long & Foster Market Minute

FOCUS ON: THE TRIANGLE HOUSING MARKET SEPTEMBER 2025

Units Sold
2,628
Active Inventory
9,635
Median Sale Price
$430,000
Days On Market
58
Up 17%
Vs. Year Ago
Up 40%
Vs. Year Ago
No Change
Vs. Year Ago
Up 35%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in September, with 2,628 sold this month in The Triangle Real Estate versus 2,838 last month, a decrease of 7%. This month's total units sold was higher than at this time last year, an increase of 17% versus September 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 2,768 units or 40%. The total number of active inventory this September was 9,635 compared to 6,867 in September 2024. This month's total of 9,635 is lower than the previous month's total supply of available inventory of 9,783, a decrease of 2%.

Median Sale Price
Last September, the median sale price for The Triangle Homes was $428,000. This September, the median sale price was $430,000, which is similar compared to a year ago. The current median sold price is 2% higher than in August.

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


New Listings
3,599
Current Contracts
2,814
Sold Vs. List Price
98.4%
Months of Supply
3.7
Up 10%
Vs. Year Ago
Up 8%
Vs. Year Ago
Down -0.6%
Vs. Year Ago
Up 20%
Vs. Year Ago

Months of Supply
In September, there was 3.7 months of supply available in The Triangle, compared to 3.1 in September 2024. That is an increase of 20% 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 3,599 homes newly listed for sale in The Triangle compared to 3,280 in September 2024, an increase of 10%. There were 2,814 current contracts pending sale this September compared to 2,603 a year ago. The number of current contracts is 8% higher than last September.

Sale Price to List Price Ratio
In September, the average sale price in The Triangle was 98.4% of the average list price, which is 0.6% lower than at this time last year.

Days on Market
This month, the average number of days on market was 58, higher than the average last year, which was 43, an increase of 35%.

The Long & Foster Market Minute *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.
REALTOR, Equal Opportunity HousingInformation 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.