GROUNDED DATA PROTOCOL:
Manual audit of Active Single-Family detached inventory only.
| Zip | Avg Price | Med Price | Avg DOM | Med DOM |
|---|---|---|---|---|
| 27601 | $682,100 | $604,900 | 29 Days | 12 Days |
| 27605 | $1,260,800 | $1,200,000 | 14 Days | 10 Days |
| 27607 | $954,488 | $805,000 | 28 Days | 15 Days |
| 27608 | $1,240,778 | $995,000 | 32 Days | 12 Days |
Grounded Perspective
Pricing: Average list prices in the ITB Core consistently track above median prices, with the most significant variance appearing in 27608, where the average exceeds the median by nearly $250,000. The 27605 zip code represents the premium ceiling for this sector with a median price of $1,200,000, while 27601 offers the most accessible entry point with a median of $604,900. These figures confirm a robust high-end market where luxury inventory is exerting steady upward pressure on regional averages.
Velocity: Market velocity is highest in 27605, where properties are transitioning to pending status at a median of just 10 days. The 27607 zip code shows the most deliberate pace in this audit with a median of 15 days on market, representing a very narrow range in regional velocity. The typical rhythm for the ITB Core is remarkably active, with most detached resales being absorbed by the market in approximately two weeks.
The Bottom Line
The current state of pending inventory in the ITB Core reflects a high-demand, high-valuation environment where median prices are firmly established between $600,000 and $1,200,000. Despite the elevated price points, the low median days on market across all zip codes indicate a steady absorption of available detached resales. This sector remains one of the most active in the region, characterized by swift transitions and significant pricing resilience.