July 2016 vs. July 2017 Raleigh, Cary, Durham, Chapel Hill Residential Real Estate Statistics

Here’s how the numbers shape up July 2016 vs. July 2017 in the Triangle Real Estate Market:

July 2016 closed sales

3555 closed sales, 41 average days on market, average list price $282,586 average sale price $279,294

July 2017 closed sales 3510 closed sales, 38 average days on market, average list price $297,375 average sale price $294,289

July 2016 active listed homes** entire Triangle Multiple Listing market* 8429

July 2017 active listed homes** entire Triangle Multiple Listing market* 7895

**Home= Detached House, Townhouse, Condominium, Singlewide Trailer, Doublewide Trailer and Modular Home

*TMLS market- generally Virginia (N) to Fuquay Varina, NC (S) Burlington, NC (W) to Nash County Line, NC (E) This is not a firmly defined market area.