The month of December followed seasonal trends for this time of year with inventory hitting an all time low for 2021. While there are still buyers in the market competing for the available listings, most buyers who are able have paused their search until after the...
As we approach the heart of winter, the temperature may be dropping, but the real estate market is as hot as ever. Fall saw a decrease in inventory across most markets, as is standard for this time of year. As inventory decreases it’s no surprise the market remains...
As temperatures begin to cool across the country, many markets are also starting to see signs of the real estate market shifting. While we continue to see a strong sellers market, taking a closer look at days on the market and number of showings per listing shows...
Summer, much like spring, saw a strong sellers market. Many are wondering if this will continue to be the case even as students return to school this fall. Ultimately, real estate across the country continues to see a highly competitive seller's market with limited...
Summer is the peak season for real estate sales. As we approach fall, we are still experiencing a sellers market. However, inventory is increasing slightly, and with that, days on the market as well. It may sound crazy to some, but now is still a great time to...
As we move on into spring, sellers continue to enjoy a strong seller’s market, and buyers face increased competition. All stats below are based on End of Month in January vs February: Homes on the market - 3,092 vs 2,841 (down 8%)Average sales price: $352,285 vs...
Even with the deep freeze across much of the country and Punxsatawney Phil predicting a longer winter, prospective home buyers and sellers are very active and looking forward to spring. All stats below are based on End of Month in December vs January: Homes on...
Happy new year! Despite the Covid pandemic and an unusually tumultuous political season, real estate remains a dependable and steady economic guidepost for thoughtful buyers and sellers. All stats below are based on End of Month in November vs December: Homes on the...
Happy holidays! Despite winter and the Covid wave we are experiencing, real estate remains a strong and steady beacon of economic hope during these times. All stats below are based on End of Month in October vs November: Homes on the market - 4,571vs 4,123 (down...
As we head into the holiday season, the Raleigh market still thinks it’s summer and is hotter than ever. And with coronavirus cases on the rise, we at Trelora will continue to take the utmost precautions, and we remain committed to serving your needs with safety as...
Autumn weather or not, the Triangle real estate market is staying hot, hot, hot. All stats below are based on End of Month in September vs August: Homes on the market - 4,826 vs 5,436 (down 11%) Median days on market - 5 vs 5 (no change) New homes on the market...
The current population of Raleigh, NC is 481,958. Not only that, but the population continues to grow. There’s a good reason why — Raleigh is an amazing place to live. Raleigh (nicknamed "city of oaks") is home to many great companies, creating lots of job...
Update: This post has been revised as of Tuesday, May 19 to include the latest in each of the states we serve. As the response to the coronavirus epidemic continues to evolve, we at Trelora are monitoring the situation closely. As a client, we want to make sure you...