JUNE 2024 SW Raleigh Real Estate Market UPDATE

Discover the latest real estate trends in Morrisville, Cary, Apex, Holly Springs, and Fuquay-Varina with this insightful real estate market update for the SW Raleigh area!
In April and May 2024, the months of supply varied from 0.9 to 1.7, indicating a stable market. Notably, homes in Morrisville, Cary, and Apex saw 53% sold above list price, highlighting a competitive market.
Meanwhile, Holly Springs and Fuquay-Varina showed a balanced distribution with 42% selling under list price and 28% over. Median days on the market remained low, with Holly Springs and Fuquay-Varina at 6 days in May, suggesting continued demand.
As the market starts to cool, buyers may find advantageous conditions with potential multiple offers, providing room for negotiation.
And watch until the end for a BONUS tip on a mortgage type that potential home buyers might be interested in!
Thinking of a move to the Raleigh, NC area?
☎ 919-274-2499
📧 [e-mail]
Schedule a FREE consultation with Heather Taylor 👉 bit.ly/TayloredZoom
Thanks for watching!
0:00 Introduction
1:00 Median Sales Price
2:00 Morrisville, Cary and Apex
2:58 Holly Springs and Fuquay-Varina
4:06 Insights
4:46 Bonus Tip for Home Buyers
#raleighrealestate #raleighnc #northcarolinarealtor

[@LiveInRaleighNC]

Thinking of a move to the Raleigh, NC area?
☎ 919-274-2499
📧 [e-mail]
Schedule a FREE consultation with Heather Taylor 👉 bit.ly/TayloredZoom

[@harshidbhavsar9753]

Looking forward to July updates in first week of august. i am seeing some SFH on our local market for over 20 days and counting plus some decent price cuts....any thoughts on that? would be interesting to see what happens post October and later

[@LiveInRaleighNC]

I’m recording a market update this week that should be out next week. We’re definitely seeing more than a seasonal shift. What market are you in?
And thanks for the comment!