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Triangle Real Estate: Live Resale Metrics
Most market data on the web is automated, lagging, and cluttered with new construction “0-day” sales. Each time this data is updated, I manually pull and audit this data directly from the Doorify MLS to ensure you are seeing the most accurate reality for the Triangle.
To ensure a true apples-to-apples comparison, this dashboard specifically segments detached Single-Family Resales. By separating these from new construction, townhomes, and condos—each of which follows its own unique market rhythm—we can observe the pricing and velocity of the market in each zip code with much greater clarity, in essence comparing apples to apples.
North Raleigh Resale Statistics
Manual MLS Audit of Active Resale Inventory | Last Update: Syncing…
| Zip / Region Label | Avg Price | Med Price | Avg DOM | Med DOM | Live Search |
|---|---|---|---|---|---|
| Pulling latest MLS resale audits… | |||||
Grounded Perspective
Analysis of North Raleigh Resales
Pricing Analysis
Analyzing current inventory…
Market Velocity
Evaluating absorption pulse…
The Bottom Line
Awaiting manual sync…
Market Metrics FAQ
Why only Single-Family Resales?
Accuracy requires an “apples-to-apples” comparison. Townhomes, condos, and new construction significantly skew market velocity. I focus exclusively on detached residential resales to provide an honest look at the pulse of established neighborhoods without the statistical “noise” of builder-controlled or high-density data.
Why are the Days on Market numbers higher?
These figures look at the DOM averages and medians for ACTIVE inventory—not under contract or closed. This information by nature will skew higher because it represents the “unsold” inventory currently on the market. When we evaluate a specific property, we’ll compare closed, pending, and active for a true picture of valuation.
Is a Zip Code a true “Market Area”?
No. A market area for a property you own or are considering is not a zip code. We take into account subdivision and street-level micro-data for actual valuations. However, for the sake of looking at trends, zip codes are an effective piece of data to provide in a dashboard.
How do you handle New Construction?
Doorify MLS rules don’t count “days on market” for new construction listings. A new home that sat completed for 6 months may still be listed as “0 days on market” when it sells. I eliminate new construction here to provide useful data to the average resale seller, though we factor N/C competition into individual valuations.
Gracey Real Estate Market Intelligence
Unlike automated, lagging online data, these metrics are manually audited directly from the Doorify MLS. This ensures you are seeing the most accurate data for detached single-family resales in the Triangle.
I want to clarify that the data below is an audit of PENDING sales. These “success stories” — where the seller’s product and price matched the buyer market close enough to secure a contract — tell the real story of the market. Be careful when watching stats that highlight the active inventory only, as these statistics will by their nature, skew higher with overpriced or less marketable properties.
Pending Sales Statistics
Manual MLS Audit | Last Update: Syncing…
| Zip / Region | Avg Price | Med Price | Avg DOM | Med DOM | Live Search |
|---|---|---|---|---|---|
| Pulling latest MLS resale audits… | |||||
Expert Perspective
Analysis of Selected Region Resales
Pricing Analysis
Analyzing current inventory…
Market Velocity
Evaluating absorption pulse…
The Bottom Line
Syncing data…
Explore Additional Intelligence
READY TO MOVE BEYOND THE DATA?
Trends and medians are the foundation, but a winning real estate strategy is hyper-local. Whether you are timing a sale or positioning an offer, you need street-level nuance that an algorithm can’t see.