If you need assistance, please call 919-882-6005

Raleigh Market Report

$489,763

AVERAGE PRICE OF 2,460 HOMES

$336,400

AVERAGE PRICE OF 17 DISTRESSED HOMES

$1,584,936

AVERAGE PRICE OF 170 MULTI-MILLION DOLLAR HOMES

$595,992

AVERAGE PRICE OF 761 NEWLY BUILT HOMES

$494,496

AVERAGE PRICE OF 615 HOMES WITH A POOL

$464,316

AVERAGE PRICE OF 75 REDUCED PRICE HOMES

Average Home

Average Price $489,763
Avg Bedrooms 3.51 beds
Avg Bathrooms 3.33 baths

Average Price by Bedrooms

1 bedroom $319,852
2 bedrooms $290,886
3 bedrooms $345,890
4 bedrooms $577,415
5 bedrooms $763,651
Raleigh Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 2,308 2,098 2,174 2,451 2,513
Average Price $482,304 $490,356 $496,761 $492,002 $496,851
Avg Price Change -1.67% -1.31% +0.97% -0.99% +0.45%
Median Price $370,620 $376,126 $384,374 $376,930 $385,576
Med Price Change -1.49% -2.19% +1.97% -2.29% -0.88%
Avg Bedrooms 3.5 beds 3.51 beds 3.54 beds 3.52 beds 3.56 beds
Avg Bathrooms 3.31 baths 3.34 baths 3.36 baths 3.36 baths 3.41 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Wake - Broughton 408 $751,644 108 days
Wake - Leesville Road 282 $481,317 100 days
Wake - Millbrook 203 $734,066 95 days
Wake - Sanderson 229 $486,522 88 days
Wake Cty School District 386 $439,248 106 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,460 $489,763 93 days
Distressed Homes 17 $336,400 141 days
Multi-Million Dollar Homes 170 $1,584,936 147 days
Newly Built Homes 761 $595,992 168 days
Homes with a Pool 615 $494,496 69 days
Reduced Price Homes 75 $464,316 69 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 March 20, 2019
;