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

Raleigh Market Report

$520,965

AVERAGE PRICE OF 2,283 HOMES

$589,378

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,550,640

AVERAGE PRICE OF 212 MULTI-MILLION DOLLAR HOMES

$642,610

AVERAGE PRICE OF 771 NEWLY BUILT HOMES

$522,970

AVERAGE PRICE OF 546 HOMES WITH A POOL

$511,991

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

Average Home

Average Price $520,965
Avg Bedrooms 3.37 beds
Avg Bathrooms 3.3 baths

Average Price by Bedrooms

1 bedroom $303,925
2 bedrooms $324,523
3 bedrooms $371,639
4 bedrooms $618,175
5 bedrooms $979,257
Raleigh Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 2,429 2,457 2,518 2,573 2,570
Average Price $524,954 $525,343 $525,495 $525,865 $519,809
Avg Price Change -0.07% -0.03% -0.07% +1.17% +1.14%
Median Price $395,844 $397,253 $399,836 $393,024 $386,021
Med Price Change -0.36% -0.65% +1.73% +1.81% +1.98%
Avg Bedrooms 3.41 beds 3.43 beds 3.45 beds 3.45 beds 3.45 beds
Avg Bathrooms 3.33 baths 3.35 baths 3.37 baths 3.39 baths 3.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Broughton 381 $736,424 105 days
Leesville Road 221 $535,591 79 days
Millbrook 216 $818,356 104 days
Sanderson 218 $522,288 66 days
Wake Cty School District 396 $452,246 177 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 2,283 $520,965 101 days
Distressed Homes 12 $589,378 129 days
Multi-Million Dollar Homes 212 $1,550,640 197 days
Newly Built Homes 771 $642,610 191 days
Homes with a Pool 546 $522,970 83 days
Reduced Price Homes 50 $511,991 62 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 2020 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 November 23, 2020
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