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

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    • Rank – City VolumeTeam NameCompanyLocationVolumeProfile
    1The Jim Allen GroupColdwell Banker Howard Perry and WalstonRaleigh, NC$885,002,314View Profile
    2DASH CarolinaDASH CarolinaRaleigh, NC$460,484,227View Profile
    3Premier Agents NetworkPREMIER AGENTS NETWORKRaleigh, NC$151,711,009View Profile
    4The 220 AgentsKeller Williams RaleighRaleigh, NC$113,584,953View 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.

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