May 2021 vs. May 2022 in the Triangle North Carolina Residential Real Estate Market Update

Here are how the sales and rental numbers look May 2021 vs. May 2022 in the Triangle North Carolina Residential Real Estate Market. We manage property and sell real estate in Wake County, Durham County, Orange County, Northern Chatham County and Eastern Alamance County.

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May 2021 closed sales

5090 closed sales, 12 average days on market, average list price $356,964, average sale price $366,728**

May 2022 closed sales

4511 closed sales, 8average days on market, average list price $425,344, average sale price $495,283**

Total Closed Sales                                                                                

2021– 22,480   2022– 21,533     Average List Price 2022 $393,346   Average Sale Price 2022 $418,667

 Average Rent  

2021– $1761 2022– $1967

**Triangle Multiple Listing Service (TMLS) SOURCE OF DATA

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