WEST CHAPEL HILL AND CARRBORO AREA HOUSING MARKET DATA

There was a decrease in total units sold in August, with 55 sold this month in West Chapel Hill and Carrboro Area Real Estate versus 64 last month, a decrease of 14%. This month's total units sold was higher than at this time last year, an increase of 28% versus August 2024.

Versus last year, the total number of homes available this month is higher by 76 units or 73%. The total number of active inventory this August was 180 compared to 104 in August 2024. This month's total of 180 is lower than the previous month's total supply of available inventory of 194, a decrease of 7%.

Last August, the median sale price for West Chapel Hill and Carrboro Area Homes was $735,000. This August, the median sale price was $625,000, a decrease of 15% or $110,000 compared to last year. The current median sold price is 6% higher than in July.

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

In August, there was 3.3 months of supply available in West Chapel Hill and Carrboro Area, compared to 2.4 in August 2024. That is an increase of 35% 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 69 homes newly listed for sale in West Chapel Hill and Carrboro Area compared to 61 in August 2024, an increase of 13%. There were 59 current contracts pending sale this August compared to 55 a year ago. The number of current contracts is 7% higher than last August.

In August, the average sale price in West Chapel Hill and Carrboro Area was 99.4% of the average list price, which is similar compared to a year ago.

This month, the average number of days on market was 36, higher than the average last year, which was 32, an increase of 13%.





FOCUS ON: WEST CHAPEL HILL AND CARRBORO AREA HOUSING MARKET			AUGUST 2025

Zip Code(s): 27516 and 27510
Units Sold 55	Active Inventory 180	Median Sale Price $625,000	Days On Market 36

Up 28% Vs. Year Ago	Up 73% Vs. Year Ago	Down -15% Vs. Year Ago	Up 13% Vs. Year Ago


		Units Sold There was a decrease in total units sold in August, with 55 sold this month in West Chapel Hill and Carrboro Area Real Estate versus 64 last month, a decrease of 14%. This month's total units sold was higher than at this time last year, an increase of 28% versus August 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 76 units or 73%. The total number of active inventory this August was 180 compared to 104 in August 2024. This month's total of 180 is lower than the previous month's total supply of available inventory of 194, a decrease of 7%.
		Median Sale Price Last August, the median sale price for West Chapel Hill and Carrboro Area Homes was $735,000. This August, the median sale price was $625,000, a decrease of 15% or $110,000 compared to last year. The current median sold price is 6% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 69	Current Contracts 59	Sold Vs. List Price 99.4%	Months of Supply 3.3

Up 13% Vs. Year Ago	Up 7% Vs. Year Ago	No Change Vs. Year Ago	Up 35% Vs. Year Ago


		Months of Supply In August, there was 3.3 months of supply available in West Chapel Hill and Carrboro Area, compared to 2.4 in August 2024. That is an increase of 35% 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 69 homes newly listed for sale in West Chapel Hill and Carrboro Area compared to 61 in August 2024, an increase of 13%. There were 59 current contracts pending sale this August compared to 55 a year ago. The number of current contracts is 7% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in West Chapel Hill and Carrboro Area was 99.4% 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 36, higher than the average last year, which was 32, an increase of 13%.


	West Chapel Hill and Carrboro Area are defined as properties listed in zip code/s 27516 and 27510.
	*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.