Top Medium Teams in Raleigh, North Carolina – Ranked by Volume

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    3The Coley GroupCompassRaleigh, NC$155,045,485View Profile
    11Ida Terbet GroupColdwell Banker Howard Perry and WalstonRaleigh, NC$57,947,087View Profile
    12The Gombatz GroupLong & Foster Real EstateRaleigh, NC$50,415,707View Profile
    15Webb Realty GroupColdwell Banker AdvantageRaleigh, NC$44,366,178View Profile
    18Ginger & Co.Keller WilliamsRaleigh, NC$37,964,525View Profile
    23John Hawkins TeamLong & Foster Real EstateRaleigh, NC$36,357,709View Profile
    24The Wolborsky GroupAllen Tate RealtorsRaleigh, NC$36,281,317View Profile
    26Jenne Homes TeamCompassRaleigh, NC$33,534,097View Profile
    27Luxury MoversColdwell Banker Howard Perry and WalstonRaleigh, NC$33,500,300View Profile
    31The Abshire TeamColdwell Banker Howard Perry and WalstonRaleigh, NC$28,168,975View Profile
    32Yurhouse ResidentialCompassRaleigh, NC$26,590,759View Profile
    35Oxford TeamCompassRaleigh, NC$15,359,800View Profile

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    2023 Raleigh, North Carolina Housing Market Summary

    Raleigh, North Carolina started 2023 with a total of 687 single-family homes on the market, with a median home price of $479,040 and an average price per square foot of $269. By the end of the year, inventory had decreased to 640 homes on the market (-6%), with a median home price of $589,049 (+22%) and an average price per square foot of $319 (+18%).

    At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 63 days.

    Raleigh started the year with 48% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 38% of Raleigh homes for sale had taken a price cut.

    Finally, Altos’ proprietary Market Action Index (MAI) shows that Raleigh started 2023 as a seller’s market, with an MAI score of 35; by the end of the year, the MAI had dropped to 32 – a balanced buyer and seller’s market.

    This market summary is powered by Altos Research – click here to run a free report for your area.

    Housing Market News

    AdobeStock_250556333

    Lower mortgage rates attracting more homebuyers 

    Sep 16, 2024By

    An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

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