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You are here: Home / Archives for Market Updates

Market Updates

Pickleball is Quietly Reshaping the Housing Market

by Ellen Pitts

Looking for homes near pickleball courts? Obsessed with pickleball? Pickleball is having a MASSIVE impact on the housing market. Don’t believe me? I’ll prove it. In this post, we’re uncovering the hidden link between home sale competitiveness and proximity to pickleball courts in the … [Read more...] about Pickleball is Quietly Reshaping the Housing Market

Filed Under: Market Updates

Raleigh Home Prices Plummet? Zillow says YES! Redfin, NO!

by Ellen Pitts

Raleigh Skyline

Redfin says prices are up. Zillow says they’re down. What’s the truth?  Redfin's Analysis According to Redfin, the median home sale price in Raleigh is up 6.4% year over year.  Zillow's Analysis But, according to Zillow, the median home price is down in Raleigh by 2.7% compared … [Read more...] about Raleigh Home Prices Plummet? Zillow says YES! Redfin, NO!

Filed Under: Market Updates, Raleigh

Over list home sales: a Tale of 2 Triangle suburbs

by Ellen Pitts

All housing markets are local (be wary of national headlines!) and Cary, NC and Fuquay-Varina, NC demonstrate this perfectly! Let's look at how the over list home sales data paints very different pictures of each town's real estate market. At first glance, Cary and Fuquay might seem like close … [Read more...] about Over list home sales: a Tale of 2 Triangle suburbs

Filed Under: Cary, Fuquay-Varina, Market Updates, Triangle Suburbs

Raleigh Housing Market Predictions 2025

by Ellen Pitts

Pending sales Nov 2024 Raleigh NC

Here is our Raleigh housing market predictions for 2025. The truth is no one, and I mean no one, really knows what is going to happen. No one predicted the pandemic boom and we don't have control over global events, which can definitely change a local housing market. What is happening right now … [Read more...] about Raleigh Housing Market Predictions 2025

Filed Under: Market Updates, Raleigh Tagged With: North Carolina Real Estate Market

Raleigh Housing Market Update: Second Quarter 2024

by Ellen Pitts

Raleigh Housing Market Update 2nd quarter 2024

Median Price Change & Competing Offers Median Price Year over year median price changes are listed by town in the graph below. The big story with prices is that they haven't come down in the way people continue to hope for. Economists are saying interest rates will likely remain high and … [Read more...] about Raleigh Housing Market Update: Second Quarter 2024

Filed Under: Market Updates

Raleigh Housing Market Update: March 2024

by Ellen Pitts

Raleigh Market Updates

Median Price Change & Competing Offers Median Price It's always great to keep in mind that median prices change a lot, especially when looking at small sample sizes. For example, only 14 homes sold in Morrisville this March. The smaller the town, the less significant the information is. … [Read more...] about Raleigh Housing Market Update: March 2024

Filed Under: Market Updates

Raleigh Housing Market Update: February 2024

by Ellen Pitts

Raleigh Market Updates

Median Price Change & Competing Offers Median Price Keep in mind that median prices have limitations when looking at the market, especially when we're looking at shorter periods of time, like a month. They don't give an apples to apples comparison. Just because the median price is $450,000 … [Read more...] about Raleigh Housing Market Update: February 2024

Filed Under: Market Updates

Raleigh Housing Market Update: January 2024

by Ellen Pitts

Raleigh Market Updates

Median Price Change & Competing Offers Median Price Median prices aren't a great way to understand how the market is changing. They don't give an apples to apples comparison. Just because the median price is $450,000 right now (this is an example, not a real number) doesn't mean that it is … [Read more...] about Raleigh Housing Market Update: January 2024

Filed Under: Market Updates

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