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Raleigh Market Report

$493,584

AVERAGE PRICE OF 2,816 HOMES

$344,786

AVERAGE PRICE OF 20 DISTRESSED HOMES

$1,558,430

AVERAGE PRICE OF 212 MULTI-MILLION DOLLAR HOMES

$599,335

AVERAGE PRICE OF 754 NEWLY BUILT HOMES

$484,209

AVERAGE PRICE OF 755 HOMES WITH A POOL

$469,249

AVERAGE PRICE OF 110 REDUCED PRICE HOMES

Average Home

Average Price $493,584
Avg Bedrooms 3.51 beds
Avg Bathrooms 3.36 baths

Average Price by Bedrooms

1 bedroom $267,086
2 bedrooms $288,631
3 bedrooms $344,433
4 bedrooms $581,875
5 bedrooms $786,701
Raleigh Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 2,806 2,634 2,460 2,308 2,098
Average Price $496,278 $495,625 $487,411 $482,304 $490,356
Avg Price Change +0.13% +1.69% +1.06% -1.67% -1.31%
Median Price $375,678 $378,591 $374,416 $370,620 $376,126
Med Price Change -0.78% +1.12% +1.02% -1.49% -2.19%
Avg Bedrooms 3.5 beds 3.51 beds 3.51 beds 3.5 beds 3.51 beds
Avg Bathrooms 3.37 baths 3.35 baths 3.32 baths 3.31 baths 3.34 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wake - Broughton 435 $776,122 98 days
Wake - Leesville Road 314 $458,569 74 days
Wake - Millbrook 272 $731,548 90 days
Wake - Sanderson 283 $456,483 66 days
Wake Cty School District 422 $448,651 116 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,816 $493,584 84 days
Distressed Homes 20 $344,786 106 days
Multi-Million Dollar Homes 212 $1,558,430 164 days
Newly Built Homes 754 $599,335 158 days
Homes with a Pool 755 $484,209 67 days
Reduced Price Homes 110 $469,249 64 days
Ismay Realty Group
Greg Ismay
808 Salem Woods Drive Suite 204
Raleigh, NC 27615
919-882-6005


Gerry Houseknecht NMLS #91019 | Loan Officer| Cell: 919.673.7555 | Office: 984.239.2906 ghouseknecht@cmgfi.com

Jenifer Gold Maldonado NMLS #69516 | Loan Officer | Cell: 919.810.2276 | jmaldonado@cmgfi.com
CMG Financial | Corporate NMLS# 1820 | 9208 Falls of Neuse Road Suite 101 | Raleigh, NC 27615
Web: www.cmgfi.com (http://www.cmgfi.com/)

© 2018 CMG Financial, All Rights Reserved. CMG Financial is a registered trade name of CMG Mortgage, Inc., NMLS# 1820 in most, but not all states. CMG Mortgage, Inc. is an equal opportunity lender. To verify our complete list of state licenses, please visit www.cmgfi.com/corporate/licensing and www.nmlsconsumeraccess.org
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2019 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated June 26, 2019