As we near the close of the year, the Triangle real estate market continues to shift with the season. This week’s stats reveal a dynamic mix of trends, from a decrease in new listings to a significant spike in homes sold. Whether you’re buying, selling, or simply keeping an eye on the market, these numbers provide valuable insight into the Triangle’s real estate activity. Let’s dive into the data and see how the market has evolved this week.

New Listings

This week, 769 new listings hit the market, marking a 9.1% decrease compared to the 846 homes listed last week. As the year-end approaches, a decline in new listings is common, with many sellers opting to wait for the new year before listing their properties.

Back on Market

The number of homes returning to the market also dropped. 105 homes came back on the market this week, an 11.0% decrease from last week’s 118. This suggests fewer contracts are falling through, which could be a positive sign for the stability of current transactions.

Pending Sales

Pending sales saw a slight increase, rising by 3.1% this week, with 759 homes under contract compared to 736 last week. This uptick indicates a strong demand for homes despite the seasonal slowdown.

Price Changes

Price adjustments showed a significant decline, with only 598 homes experiencing changes this week, a 25.4% drop from the previous week’s 802. This could suggest more sellers are pricing homes competitively from the start or fewer properties are being adjusted as inventory balances.

Sold Properties

Here’s where we see the biggest movement: 1,147 homes were sold this week, reflecting a 23.7% increase from last week’s 927. This jump demonstrates strong buyer activity, with many closings finalizing ahead of the holidays.

Expired Listings

Expired listings also saw a decline. 134 homes expired this week, a 19.8% decrease compared to last week’s 167. This could indicate that fewer sellers are stepping away from the market during the holiday season.

Active Inventory

The active inventory remains steady, with 7,764 homes currently on the market—a slight 0.3% increase from last week’s 7,743. This stability provides buyers with a consistent pool of options during the holidays.

Final Thoughts

The Triangle market is wrapping up the year on a high note, with strong buyer activity and fewer disruptions in transactions. While new listings and price changes have slowed, the increase in sold properties highlights the resilience of the market during this festive season.

From all of us at Brazoban Realty, we wish you and your loved ones a Happy Holidays! May this season bring joy, peace, and exciting new beginnings—whether in a new home or a new year.

Stay tuned for more updates, and don’t hesitate to reach out if you have any questions or need assistance navigating the Triangle’s real estate market.

Warm holiday wishes,
The Brazoban Realty Team

Source: Doorify MLS