RA L E I G HD U R HA M NORTH CAROLINA –August 2019–
www.LuxuryHomeMarketing.com
RALEIGH-DURHAM
SINGLE - FAMILY HOMES
LUXURY INVENTORY VS. SALES | JULY 2019 Inventory
Sales 1
$539,000
1,079 279 Seller's Market 2
: 26%
Square Feet3
Price
Beds
Baths
Sold
Inventory
Sales Ratio
-Range-
-Median Sold-
-Median Sold-
-Median Sold-
-Total-
-Total-
-Sold/Inventory-
0 - 1,999
$550,000
3
2
3
11
27%
2,000 - 2,999
$617,500
4
3
26
86
30%
3,000 - 3,999
$625,000
4
4
108
426
25%
4,000 - 4,999
$720,000
5
5
99
326
30%
5,000 - 5,999
$900,000
5
6
28
119
24%
6,000+
$1,125,000
5
7
15
111
14%
2 ®
RALEIGH-DURHAM
SINGLE - FAMILY HOMES
13 - MONTH LUXURY MARKET TREND 4 Median Sales Price
Jul-18
Aug-18
Sep-18
Oct-18
Nov-18
Dec-18
Inventory
Jan-19
Feb-19
Solds
Mar-19
Apr-19
May-19
Jun-19
Jul-19
MEDIAN DATA INVENTORY June
July
1,130
1,079 VARIANCE: -5 %
SALE PRICE PER SQFT. June
July
174
$
176 VARIANCE: 1 % $
SOLDS June
SALES PRICE July
294
279 VARIANCE: -5 %
SALE TO LIST PRICE RATIO June
July
99.31%
99.12% VARIANCE: 0 %
June
653k
$
July
690k VARIANCE: 6 % $
DAYS ON MARKET June
July
4
4 VARIANCE: 0 %
RALEIGH-DURHAM MARKET SUMMARY | JULY 2019 • The Raleigh-Durham single-family luxury market is a Seller's Market with a 26% Sales Ratio. • Homes sold for a median of 99.12% of list price in July 2019. • The most active price band is $600,000-$624,999, where the sales ratio is 37%. • The median luxury sales price for single-family homes has increased to $690,000. • The median days on market for July 2019 was 4 days, remaining the same from June 2019. 3