Welcome to Triangle’s Weekly Real Estate Stats update for the week of April 22nd, 2024. Stay tuned as we dive into the latest trends and figures shaping the real estate landscape in our area. Whether you’re a prospective buyer, seller, investor, or just curious about the market, we’ve got you covered with all the essential information you need to know.
New Listings
Last week, we saw 1,013 new listings hit the market. This week, that number decreased slightly to 950, representing a 6.2% decrease.
Back on Market
The number of properties returning to the market decreased from 326 last week to 276 this week, marking a 15.3% decrease.
Pending Sales
There was a slight increase in pending sales this week, rising from 6,827 to 6,907, indicating a 1.2% increase in buyer activity.
Price Changes
The number of price changes remained relatively stable, with 746 last week and 749 this week, reflecting a minimal 0.4% increase.
Sold Listings
Despite a slight dip in sold listings from 810 to 790, the the market remains active, with a modest 2.5% decrease.
Expired Listings
The number of expired listings saw a slight decrease from 79 to 78, representing a 1.3% decline.
Open House Activity
Open house activity remained steady, with 1,817 open houses last week compared to 1,819 this week, indicating a marginal 0.1% increase.
While there have been some fluctuations in key metrics, the overall real estate market in the Triangle area remains robust. As always, if you have any questions about these statistics or are considering buying or selling a home, feel free to reach out to us at Brazoban Realty. We’re here to help you navigate the market with confidence. Please leave your comments below, we would love to hear from you!
