• Average Raleigh Sales Price: The average sale price rose this month in relation to last March. The average price of homes sold in March was $421,724. That's an increase of 13.9% over last year in March • Days On Market: The average days on market before a sale dropped dramatically again this month compared to last March. The average days on market for March was 13 days. That's down 55.2% from March last year. • Raleigh Active Listings:This is the BIG one again. Active listings fell, thud, this month. Listings dropped a whopping 70.5% from last year in March. According to the Triangle MLS, "Normal spring increases in sales activity, coupled with relaxing COVID-19 policies, created a very busy March real estate market as buyer demand continued largely unabated in the face of rising home prices and mortgage rates. Existing home seller and new construction activity continue to remain below levels necessary to bring the market back into balance, pointing to a busy and competitive buyer market in the coming months. While many homebuilders are working to increase their activity, the cost of lumber and other materials and a backlogged supply chain continue to limit new home construction and have increased costs substantially. New methods of construction, including 3d printed homes, could speed construction and reduce costs in the future, but realistically are several years away from making a measurable impact in the market." If you are thinking about selling your home, now is an EXCELLENT time. We're always in need of good homes and know how to prepare and market your home safely during this unusual time. If you're looking for a strong Seller agent, Please Contact us, we'd love to help you sell your home! If you are looking into buying a home, make sure you are Buyer-Ready, and that you are able to make decisions quickly. The best way to do this is to make sure you are with a strong Realtor that knows how to manage these situations and who will keep you on top of all the important information and steps in this challenging time. People are out there and They're Buying Now. If you're looking for an Experienced, Knowledgeable Buyer Realtor to show you around the ins and outs of this market, we'd love to help. We specialize in the Triangle communities and surrounding areas. We sell a lot of homes and we know what we're doing. Contact us and we can help you too :-) The Raleigh Housing Market Reports below will give you a detailed look inside the current and past Raleigh Area Housing Market. Wake County Housing Market Updates - March 2021Raleigh Housing Market Updates - March 2021Cary/Apex/Morrisville Housing Market Updates - March 2021Wake Forest Housing Market Updates - March 2021Raleigh Housing Market Report Archives
If you have questions about the Raleigh Real Estate Market,
|
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
|
If you have questions about any homes in Raleigh or any North Raleigh Homes
Email Us or Call Us Today at 919-624-6726
Return to Homes in Raleigh Home PageContent By Erin Bohner
North Raleigh Homes - Midtown Homes - Inside The Beltline Homes - Raleigh Luxury Homes - Wake Forest Homes - Cary Homes - Raleigh Subdivisions
Raleigh Luxury Subdivisions - North Raleigh Subdivisions - Midtown Raleigh Subdivisions - Inside The Beltline Subdivisions
Raleigh Golf Homes - Bedford at Falls River - Barton's Creek - Falls River - Long Lake - Raleigh Schools - Buyers - Sellers
Raleigh Fun - Raleigh Restaurants - Community Info - Raleigh Utilities - Raleigh Weather
About Us - Contact Us - Privacy - Partners - Resources - Site Map
Copyright ©1999-2016 All Rights Reserved
