07/29/2025
Random throwback of Fin & Zoe Duren ā looking like theyāre ready to Talk About It on a Tuesday! šš”
Sometimes, the best market insights come from the cutest little experts. Letās dive in!
According to the latest S&P CoreLogic Case-Shiller Report, national home price growth is slowing. In May 2025, U.S. prices rose just 2.3% year-over-year - - down from 2.7% in April and marking the smallest increase since July 2023. Cities like New York (+7.4%) and Chicago (+6.1%) are still seeing steady gains, while some western markets, like San Francisco, actually declined.
But what about here in Wake County? Hereās the local scoop:
ā¢Still a sellerās market with just over 3 months of inventory
ā¢Homes are selling for 99% of list price Median days on market: 14 - - listings are moving fast
ā¢Inventory is up 32% from last year - - more choices, but still competitive
ā¢Median sale price: $563,500
š”Let me break it down:
ā¢Sellers: Itās still a great time to listāhomes are in demand and pricing remains strong.
ā¢Buyers: Be prepared to act quickly and submit strong offers. Thereās more breathing room than last summer, but competition is still out there.
Bottom line: The market isnāt crashing - - itās shifting. For buyers, this can mean more opportunity and a little less pressure. For sellers, itās still favorable - - just not at peak-pandemic levels. In todayās market, success comes down to local expertise, realistic expectations, and smart strategy on either side of the table.
šEvery market is different. Letās talk strategy based on your goals, timeline, and budget. Reach out if youāre thinking about your next move!
Erika Stewart
RealtorĀ® | Market Advisor | Relocation Specialist
Synergy Real Estate Collective at Compass
š 919-724-7322
āļø [email protected]