Welcome to the October 2021 real estate market report for the Raleigh-Durham, NC area.
We are tracking the most important housing metrics and sharing them for our markets each month, to provide insight into how competitive and affordable (or not) these areas are.
Raleigh, NC
October 2021
October 2020
Year-over-year change
Median home sale price
$370,000
$300,000
23%
Median price per square foot
$186
$151
24%
Number of new listings
4,133
4,336
-5%
Number of closed listings
3,604
3,842
-6%
Months of supply
0.7
0.9
-22%
Average number of days on market
21
42
-50%
Percent of listings sold above listing price
70%
48%
46%
You can also review the full numbers in the infographic below. Feel free to share it with your neighbors and friends on social media:
The Orchard Team
Orchard is a new type of real estate brokerage that removes the stress and uncertainty of buying and selling a home.