How does the housing market look in West Raleigh? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
West Raleigh Raleigh, NC
Median Sale Price
$316,500
15.9%
New Listings
19
47.2%
Number of Homes Sold
18
14.3%
Median Days on Market
45
309.1%
Market Overview
All Home Types
In the last 30 days, homes for sale in West Raleigh, Raleigh, NC sold for a median price of $316,500, up 15.9% compared to the same period last year. The median price per square foot was $212.78, up 15.3% year-over-year. There were 18 homes sold, down from 21 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in West Raleigh, Raleigh, NC was 57, down 37.4% compared to last year. In the last 30 days, 19 new homes were listed for sale, down 47.2% year-over-year. The median days on market was 45, up from 11 days last year. The months of supply was 1.56, up from 0.95 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in West Raleigh, Raleigh, NC had a median sale-to-list-price ratio of 95.53%, down 4.5 pt compared to the same period last year. 11.11% of homes sold above list price, down 36.5 pt year-over-year. 61.11% of homes listed dropped in price, up 37.3 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
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Get StartedHomes For Sale In West Raleigh
RE/MAX United • MLS 2493526 • Status: Active
Avenue Real Estate LLC • MLS 2493103 • Status: Active
Coldwell Banker HPW • MLS 2492519 • Status: Active
Triangle Investment Realty • MLS 2490664 • Status: Active
RE/MAX United • MLS 2490286 • Status: Active
DASH Carolina • MLS 2489982 • Status: Active
Keller Williams Realty Cary • MLS 2489808 • Status: Active
RE/MAX United • MLS 2488192 • Status: Active
Weekley Homes, LLC • MLS 2486429 • Status: Active
Weekley Homes, LLC • MLS 2485047 • Status: Active
Good Service LLC • MLS 2485012 • Status: Active
RE/MAX United • MLS 2483887 • Status: Active
Compass -- Raleigh • MLS 2483656 • Status: Active
NextHome The Ideal Group • MLS 2483371 • Status: Active
Opendoor Brokerage LLC • MLS 2482722 • Status: Active
RE/MAX United • MLS 2481157 • Status: Active
Weekley Homes, LLC • MLS 2480537 • Status: Active
Broad Home Realty, LLC • MLS 2480109 • Status: Active
RE/MAX United • MLS 2479731 • Status: Active
Mark Spain Real Estate • MLS 2476833 • Status: Active