Raleigh NC Real Estate Market Update May 2015

Let’s take a look at the local real estate market in Raleigh NC in the month of May 2015.

View Michele Langley’s Market Videos

The number of active listings was down 38 percent from one year earlier and down 3 percent from the previous month. We have more home buyers then home sellers and are actively seeking homes for sale our buyers.  If you were ever thinking of listing your home in Raleigh, NC.  Now is the time!

As you can see the median list price for the month of May 2015 was just under $410k.  Compared to last year, the average number of days that units spent on the market before being sold was down 31%. The median sales price was just under $280k.  The number of units sold increased 3% year over year and increased 18% month over month.

Thing of buying or selling a home? Or just want to gather more information on the real estate market?  Contact your Raleigh Realtor, Michele Langley for professional home buying a selling assistance. Your needs are our priority!

Check out these homes for sale in Raleigh NC that were JUST LISTED in the last 10 days!