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| JUNE 2025 | |||
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| Units Sold 1,620 |
Active Inventory 4,415 |
Median Sale Price $500,000 |
Days On Market 38 |
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| Up 4% Vs. Year Ago |
Up 48% Vs. Year Ago |
No Change Vs. Year Ago |
Up 31% Vs. Year Ago |
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Units Sold
There was a decrease in total units sold in June, with 1,620 sold this month in Wake County Real Estate versus 1,631 last month, a decrease of 1%. This month's total units sold was higher than at this time last year, an increase of 4% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 1,435 units or 48%. The total number of active inventory this June was 4,415 compared to 2,980 in June 2024. This month's total of 4,415 is higher than the previous month's total supply of available inventory of 4,374, an increase of 1%. |
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Median Sale Price
Last June, the median sale price for Wake County Homes was $502,000. This June, the median sale price was $500,000, which is similar compared to a year ago. The current median sold price is 2% lower than in May. 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 2,189 |
Current Contracts 1,641 |
Sold Vs. List Price 99.1% |
Months of Supply 2.7 |
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| Up 14% Vs. Year Ago |
Up 16% Vs. Year Ago |
Down -0.9% Vs. Year Ago |
Up 43% Vs. Year Ago |
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Months of Supply
In June, there was 2.7 months of supply available in Wake County, compared to 1.9 in June 2024. That is an increase of 43% 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 2,189 homes newly listed for sale in Wake County compared to 1,912 in June 2024, an increase of 14%. There were 1,641 current contracts pending sale this June compared to 1,412 a year ago. The number of current contracts is 16% higher than last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Wake County was 99.1% of the average list price, which is 0.9% lower than at this time last year. Days on Market
This month, the average number of days on market was 38, higher than the average last year, which was 29, an increase of 31%. | |||
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Wake County are defined as properties listed in zip code/s . | ||
| *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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