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 | $957,373 | $805,000 | 27 Days | 12 Days |
| 27608 | $1,258,995 | $985,000 | 32 Days | 10 Days |
Grounded Perspective
Pricing: Average prices show a significant premium over median values, particularly in 27608 where the average is over $270,000 higher than the median. The 27605 zip code represents the peak of this set with a median price of $1,200,000, while 27601 remains the entry point for the core at $604,900. This data reflects a market dominated by high-end luxury resales that continue to push regional averages to new heights.
Velocity: Market velocity is exceptionally high across the ITB Core, with Median DOM ranging from a blistering 10 days in 27608 and 27605 to just 12 days in 27601 and 27607. This suggests that nearly all properly positioned detached resales are moving in less than two weeks. While average DOM is slightly higher (up to 32 days), the median speed indicates a highly competitive environment for buyers.
The Bottom Line
The ITB Core is currently operating at a fever pitch. With median market times sitting at roughly 10 days and price points holding firm at luxury levels, there is almost no margin for buyer hesitation. The inventory is thin and moving rapidly, making this the most aggressive resale pocket in the Triangle.