The Durham-Chapel Hill market is showing a notable shift: active listings have climbed 14.6% over the past year, with new listings increasing by 9.9%. Median home prices have edged down 2.1%—now at $475,000—and 24.3% of homes have experienced price reductions. Properties are currently spending an average of 59 days on the market. Having navigated our local real estate landscape since 1995, I’ve seen how these patterns create both new opportunities and challenges for buyers and sellers alike. Understanding the nuances behind these numbers is key to making confident, well-informed decisions in our evolving market.
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