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Raleigh, NC Market Statistics and Real Estate Trends

Raleigh, NC November 1, 2009 - Raleigh's home resale inventories decreased slightly, with a 3 percent decreased since October 2009. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in November. The median listing price in Raleigh went down from October to November. There were a total of 31 price increases and 337 price decreases.

Raleigh, NC Market Snapshots *

 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory40744201 3%4380 8%--
Median List Price$235,000$239,900 2%$264,900 13%--
  % Distressed 
3%3%---
Median Days
on Market
9187 -4%90 -1%--
Median House Size19661990 1%2068 5%--
Median Price
Per Sq. Ft.
$120$120$125 4%--
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory28492960 4%3098 9%--
Median List Price$289,900$289,900---
  % Distressed 
3%3%---
Median Days
on Market
9692 -4%---
Median House Size23862398 1%---
Median Price
Per Sq. Ft.
$125$126 1%---
 Today1 Month Ago6 Months Ago1 Year Ago2 Years Ago
Total Inventory12251241 1%1255 2%--
Median List Price$159,900$164,900 3%---
  % Distressed 
2%2%---
Median Days
on Market
8173 -10%---
Median House Size14351435---
Median Price
Per Sq. Ft.
$108$109 1%---

Raleigh, NC Market Data Chart *

 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-3379479561190702892848715654538177
Number of
New Listings
-34910349701126111735536222615816450
Listings
Sold/Expired
-39013101417179810261251127211771194109082
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-227693718901498643590523454375134
Number of
New Listings
-22168765576077726625717511312137
Listings
Sold/Expired
-280887963125469789784580285077464
 11/0910/099/098/097/096/095/094/093/092/091/0912/08
Price Reductions-11025423828920424925819220016343
Number of
New Listings
-1283473153663408910551454313
Listings
Sold/Expired
-13642345454432935442737534431618
* Historical data may be incomplete in some areas.

Raleigh, NC Market Data Graphs

Median List Price
Inventory
Price Changes

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More Content on Movoto

Most Expensive Listing

847 Holt Dr, Raleigh - 5 Beds, 7 Baths, $5,500,000
House Image Not Available
details
An Extraordinary Home In The Heart Of Hayes Barton. Built in 2007 By John C. Williams. This home literally has to many exciting features to mention but includes a gated circular drive, elevator, theater, wine cellar, vault rm., detached 3 bedroom guest house, detached 3 bay garage with playroom above. (guest house and garage not incl in rooms/sq ft info). Call LA for more details 
Read More

Least Expensive Listing

620 Bragg St, Raleigh - 3 Beds, 2 Baths, $24,900
House Image Not Available
details
Investment property. Needs major rehab. 3 bedrooms 2 baths. Great square footage for the area. Located close to downtown. BRING ALL OFFERS! 
Read More

Highest Square Footage

847 Holt Dr, Raleigh - 5 Beds, 7 Baths, $5,500,000
House Image Not Available
details
An Extraordinary Home In The Heart Of Hayes Barton. Built in 2007 By John C. Williams. This home literally has to many exciting features to mention but includes a gated circular drive, elevator, theater, wine cellar, vault rm., detached 3 bedroom guest house, detached 3 bay garage with playroom above. (guest house and garage not incl in rooms/sq ft info). Call LA for more details 
Read More
Raleigh, North Carolina real estate market statistics are calculated by Movoto every day from various sources. Learn about the housing trends and current inventory in Raleigh, NC. We have statistics on house characteristics such as the median, minimum, and maximum numbers of bedrooms, bathrooms, and garage parking spaces in Raleigh, NC. Additionally, various price per square foot values are calculated to help you get a feel for how much house you get for the money in Raleigh. Although we tried to make sure the statistics are accurate, it is sometimes hard to have them absolutely correct, so please consult your real estate agent or a Movoto-Certified Agent to confirm the statistics. You can also read about 27601 neighborhood information, 27602 neighborhood information, 27603 neighborhood information, 27604 neighborhood information, 27605 neighborhood information, 27606 neighborhood information, 27607 neighborhood information, 27608 neighborhood information, 27609 neighborhood information, 27610 neighborhood information, 27611 neighborhood information, 27612 neighborhood information, 27613 neighborhood information, 27614 neighborhood information, 27615 neighborhood information, 27616 neighborhood information, 27617 neighborhood information, 27619 neighborhood information, 27620 neighborhood information, 27621 neighborhood information, 27622 neighborhood information, 27623 neighborhood information, 27624 neighborhood information, 27625 neighborhood information, 27626 neighborhood information, 27627 neighborhood information, 27628 neighborhood information, 27629 neighborhood information, 27634 neighborhood information, 27635 neighborhood information, 27636 neighborhood information, 27640 neighborhood information, 27650 neighborhood information, 27656 neighborhood information, 27658 neighborhood information, 27661 neighborhood information, 27668 neighborhood information, 27675 neighborhood information, 27676 neighborhood information, 27690 neighborhood information, 27695 neighborhood information, 27697 neighborhood information, 27698 neighborhood information, 27699 neighborhood information and demographics, find a Raleigh top rated agent, and learn about Raleigh schools. Movoto is your comprehensive source for Raleigh property information and Raleigh homes for sale.

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Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.