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August 2025 Market Update

Entire Triangle MLS Region — via Doorify™
New Listings
2024: 4,306
2025: 4,466
+3.7%
Closed Sales
2024: 3,320
2025: 3,423
+3.1%
Median Sales Price
$401,240 → $410,000
+2.2%
Average Sales Price
$486,266 → $503,331
+3.5%
Total Dollar Volume
$1.61B → $1.72B
+6.8%
% of List Price Received
97.7% → 96.0%
-1.7%
Days on Market
19 → 26
+36.8%
Affordability Index
83 → 79
-4.8%

Trends

Inventory is up sharply across the Triangle MLS region, with homes sitting longer before selling. While sellers are still getting strong offers, the average percentage of original asking price is slipping. Despite slower sales pace, prices are holding — a signal of healthy demand in the region.

What This Means

We're seeing signs of a market shift — from a fast-paced seller's market to a more balanced environment. Buyers now have more inventory to choose from, and may gain negotiation power. Sellers should expect increased competition and longer listing timelines. Overall, the market remains resilient.

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