07/29/2025
Random throwback of Fin & Zoe Duren — looking like they’re ready to Talk About It on a Tuesday! 😄🏡
Sometimes, the best market insights come from the cutest little experts. Let’s 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? Here’s the local scoop:
•Still a seller’s market with just over 3 months of inventory
•Homes are selling for 99% of list price Median days on market: 14 - - listings are moving fast
•Inventory is up 32% from last year - - more choices, but still competitive
•Median sale price: $563,500
💡Let me break it down:
•Sellers: It’s still a great time to list—homes are in demand and pricing remains strong.
•Buyers: Be prepared to act quickly and submit strong offers. There’s more breathing room than last summer, but competition is still out there.
Bottom line: The market isn’t crashing - - it’s shifting. For buyers, this can mean more opportunity and a little less pressure. For sellers, it’s still favorable - - just not at peak-pandemic levels. In today’s market, success comes down to local expertise, realistic expectations, and smart strategy on either side of the table.
📍Every market is different. Let’s talk strategy based on your goals, timeline, and budget. Reach out if you’re thinking about your next move!
Erika Stewart
Realtor® | Market Advisor | Relocation Specialist
Synergy Real Estate Collective at Compass
📞 919-724-7322
✉️ [email protected]
