Top Mega Teams in Raleigh, North Carolina – Ranked by Sides
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Rank – City Sides | Team Name | Company | Location | Sides | Profile |
---|---|---|---|---|---|
1 | The Jim Allen Group | Coldwell Banker Howard Perry and Walston | Raleigh, NC | 1,113.0 | View Profile |
2 | A Cole Realty | LPT Realty | Raleigh, NC | 384.0 | View Profile |
3 | The Rachel Kendall Team | The Rachel Kendall Team | Raleigh, NC | 277.0 | View Profile |
6 | Triangle Experts Team | eXp Realty | Raleigh, NC | 206.0 | View Profile |
7 | The 220 Agents | Keller Williams | Raleigh, NC | 204.0 | View Profile |
8 | Marti Hampton Real Estate | eXp Realty | Raleigh, NC | 192.0 | View Profile |
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
Lower mortgage rates attracting more homebuyers
Sep 16, 2024An 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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Housing inventory falls as mortgage rates drop
Sep 01, 2024 -
Eight states now have more unsold inventory than in 2019. Here’s why.
Aug 30, 2024 -
Housing demand rises as inventory falls
Jan 28, 2024 -
Pending home sales surged in December: NAR
Jan 26, 2024 -
2023 New home sales helped the economy avoid a recession
Jan 25, 2024