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Raleigh Market Trends

Today, November 10, 2009

Median Sales Price in Raleigh

Embed Info
1 yr 5 yr Max
Raleigh median sales prices
Number of sold homes in Raleigh
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms$176,000+16.0%$164,250$151,750$141,250
4 bedrooms-----
All properties$190,500+5.5%$185,000$180,500$170,000
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Raleigh Summary

The median sales price for homes in Raleigh NC for Aug 09 to Oct 09 was $190,500. This represents an increase of 3%, or $5,500, compared to the prior quarter and an increase of 5.5% compared to the prior year. Sales prices have appreciated 12.1% over the last 5 years in Raleigh.

The average listing price for Raleigh homes for sale on Trulia was $347,524 for the week ending Nov 04, which represents an increase of 0.1%, or $219, compared to the prior week and a decline of 1.5%, or $5,251, compared to the week ending Oct 14. Average price per square foot for Raleigh NC was $116, a decrease of 0.9% compared to the same period last year. Popular neighborhoods in Raleigh include North Raleigh, Northeast Raleigh, Northwest Raleigh, University, Southeast Raleigh, and Southwest Raleigh.

 

Average Listing Price in Raleigh

Embed Info
1 yr 5 yr Max
Raleigh average property price
Raleigh – number of properties
No. BedroomsWeek ending
Nov 4
w-o-wWeek ending
Oct 28
Week ending
Oct 21
Week ending
Oct 14
1 bedroom$177,294-0.7%$178,562$178,670$174,205
2 bedrooms$185,5970.0%$185,633$186,167$184,957
3 bedrooms$236,618+0.3%$236,018$237,023$239,702
4 bedrooms$437,627-0.2%$438,363$438,608$444,240
All properties$347,524+0.1%$347,305$348,766$352,775
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Average Price Per Sqft for Homes in Raleigh

Embed Info
1 yr 5 yr Max
Raleigh average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms$101+55.4%$67$65$78
4 bedrooms-----
All properties$116-0.9%$120$117$102
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Popular Neighborhoods in Raleigh

Neighborhoods Week ending
Nov 4
w-o-w Week ending
Oct 28
Week ending
Oct 21
North Raleigh 1 — 1 1
Northeast Raleigh 2 — 2 2
Northwest Raleigh 3 — 3 3
University 4 +1 5 5
Southeast Raleigh 5 -1 4 4
Southwest Raleigh 6 — 6 8
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Homes for Sale in Raleigh

811 Daniels Street, Raleigh NC
811 Daniels…
$112,000
1 br  1 ba
1505 Harvey Johnson Road, Raleigh NC
1505 Harvey…
$200,000
3 br  2 ½ ba
5021 Trail Ridge Drive, Raleigh NC
5021 Trail…
$387,000
4 br  3 ½ ba
822 Woodburn Road, Raleigh NC
822 Woodbu…
$399,900
3 br  1 ba
10715 Longholme Way, Raleigh NC
10715 Long…
$280,900
4 br  2 ½ ba
1004 Cross Clay Court, Raleigh NC
1004 Cross…
$1,299,999
5 br  5 ½ ba
View all Raleigh Homes for Sale
 
Stats & Trends
Raleigh

Real Estate Overview

Market Trends

Schools

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Community Info

Neighborhoods

North Raleigh

Northeast Raleigh

View more neighborhoods or ZIPs
  • Central Raleigh
  • East Raleigh
  • North Hills
  • North Raleigh
  • Northeast Raleigh
  • Northwest Raleigh
  • Southeast Raleigh
  • Southwest Raleigh
  • Umstead
  • University
close [x]
  • 27601
  • 27602
  • 27603
  • 27604
  • 27605
  • 27606
  • 27607
  • 27608
  • 27609
  • 27610
  • 27611
  • 27612
  • 27613
  • 27614
  • 27615
  • 27616
  • 27617
  • 27619
  • 27620
  • 27621
  • 27622
  • 27623
  • 27624
  • 27625
  • 27626
  • 27627
  • 27628
  • 27629
  • 27634
  • 27635
  • 27636
  • 27640
  • 27650
  • 27656
  • 27658
  • 27661
  • 27668
  • 27675
  • 27676
  • 27690
  • 27695
  • 27697
  • 27698
  • 27699
close [x]

Nearby Cities

Cities
Median
sales price
Average
listing price
Garner
$160,500
$222,213
Cary
$255,000
$387,224
Knightdale
$150,000
$195,738
Apex
$222,500
$345,680
Morrisville
$193,000
$317,869
Wendell
$104,000
$190,820
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Advice & Opinions

Recent Q&A in Raleigh, NC

Q: I need to change the price of my property on 3435 Mackinac Island Lane to $179,900 and the "edit listing" button is not allowing me to Be the first to answer
Q: Why aren't my pics shown on the website? Aren't they downloaded from a major website? 3 answers
Q: I am in a short sale as the buyer. I am fairly confident I am the highest offer right now, but I am the second back up offer. 7 answers
Q: How do I know if a townhome is FHA approved? 1 answer
Q: I'm starting my foreclosure cleanup company, and I need to know do I need to have my contractor license or can I hire a contractor with my Be the first to answer

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More Advice & Opinions:
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Nearby Cities Real Estate

  • Garner Real Estate
  • Cary Real Estate
  • Knightdale Real Estate
  • Apex Real Estate
  • Morrisville Real Estate
  • Wendell Real Estate

Nearby Cities Sold Homes

  • Garner Sold Homes
  • Cary Sold Homes
  • Knightdale Sold Homes
  • Apex Sold Homes
  • Morrisville Sold Homes
  • Wendell Sold Homes

Nearby Cities Home Prices

  • Garner Home Prices
  • Cary Home Prices
  • Knightdale Home Prices
  • Apex Home Prices
  • Morrisville Home Prices
  • Wendell Home Prices

Raleigh Stats & Trends

  • Raleigh Real Estate Overview
  • Raleigh Schools
  • Raleigh Community Info
  • Raleigh Home Prices
  • Raleigh Real Estate
  • Raleigh Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Raleigh real estate market. Find Raleigh properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Raleigh average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Raleigh housing statistics are available for each Raleigh, NC neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.