Welcome to the Nest Raleigh-Durham-Chapel Hill (RDCH Triangle) 2024 Mid-Year Report. Please find the downloadable PDF version of our full Raleigh-Durham-Chapel Hill area Mid-Year Report here: RDCH_MYR_2024
Market Performance at a Glance
In the Raleigh-Durham-Chapel Hill market in the first half of 2024, total sales saw an increase of 4.3% year-over-year, rising from 10,530 in the first half of 2023 to 10,983 this summer. Similarly, the average sales price grew by 5.9%, climbing from $540,374 to $572,153 during the same period. However, days on market increased by 4.7%, from 21 days in the first half of 2023 to 33 days in the first half of 2024, indicating a slight cooling. Additionally, new listings surged by 13.3%, with the number of new listings rising from 12,495 to 15,174, offering more inventory for buyers. Contact us today for a personalized look at our dynamic market from a local expert.
Written by
Marketing on August 9, 2024 Posted in Raleigh-Durham , Raleigh-Durham Market Reports Comments closed
