Asking Prices and Inventory for Homes in Raleigh North Carolina

As of May 20 2013 there were about 12,509 single family and condo homes listed for sale in Raleigh North Carolina. The median asking price of these homes was approximately $225,000. Since this time last year, the inventory of homes for sale has decreased by 7.0% and the median price has increased by 5.6%.

	May 20, 2013	Month/Month	Year/Year
Median Asking Price	$225,000	+0.4%	+5.6%
Home Listings/Inventory	12,509	+2.2%	-7.0%

Recent Asking Price and Inventory History for Raleigh

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
05/20/2013	12,509	$149,900	$225,000	$350,000
05/13/2013	12,314	$144,900	$224,900	$350,000
05/06/2013	12,227	$149,900	$225,000	$350,000
04/29/2013	12,288	$149,900	$224,900	$350,000
04/22/2013	12,235	$149,900	$224,190	$349,900

Raleigh Asking Price History

The median asking price for homes in Raleigh peaked in May 2008 at $252,127 and is now $27,160 (10.8%) lower.

25th, Median (50th) and 75th Percentile Asking Prices for Raleigh North Carolina

Raleigh Housing Inventory History

Housing inventory in Raleigh, which is typically highest in the spring/summer and lowest in the fall/winter, peaked at 17,776 in August 2008. The lowest housing inventory level seen was 10,075 in January 2013.

Housing Inventory for Raleigh North Carolina

Raleigh Asking Price and Inventory History

Date	Single Family & Condo Inventory	25th Percentile Asking Price	Median Asking Price	75th Percentile Asking Price
May 2013	12,350	$148,233	$224,967	$350,000
April 2013	11,927	$149,715	$222,718	$349,920
March 2013	11,186	$146,624	$218,425	$343,300
February 2013	10,549	$142,475	$212,425	$333,725
January 2013	10,075	$139,925	$208,700	$326,619
December 2012	10,657	$139,920	$209,160	$325,046
November 2012	11,557	$141,691	$209,800	$329,000
October 2012	11,977	$144,555	$210,489	$329,820
September 2012	12,240	$145,000	$214,175	$329,950
August 2012	12,477	$144,950	$210,656	$331,823
July 2012	12,878	$144,920	$210,522	$333,880
June 2012	12,556	$146,200	$219,600	$347,725
May 2012	13,449	$145,163	$213,500	$338,875
April 2012	13,179	$145,180	$214,720	$339,300
March 2012	12,368	$144,950	$209,950	$331,675
February 2012	11,800	$143,256	$211,403	$325,290
January 2012	11,464	$140,000	$204,360	$324,900
December 2011	12,095	$139,988	$211,698	$324,975
November 2011	13,042	$143,173	$209,425	$329,075
October 2011	13,705	$144,920	$210,000	$331,203
September 2011	14,212	$145,000	$210,000	$330,385
August 2011	14,905	$147,529	$213,960	$335,980
July 2011	15,593	$148,003	$214,950	$338,225
June 2011	16,031	$149,350	$214,925	$337,925
May 2011	16,296	$149,820	$214,960	$338,260
April 2011	16,070	$148,625	$211,498	$332,450
March 2011	15,299	$144,975	$209,899	$328,225
February 2011	14,262	$142,738	$204,564	$324,769
January 2011	13,535	$143,840	$205,160	$324,946
December 2010	14,481	$145,475	$209,450	$327,125
November 2010	15,374	$148,860	$214,140	$329,920
October 2010	15,958	$149,900	$215,154	$333,744
September 2010	16,628	$149,900	$215,225	$335,725
August 2010	16,858	$149,920	$217,800	$339,740
July 2010	17,069	$152,675	$219,925	$345,875
June 2010	17,242	$155,062	$223,275	$349,675
May 2010	17,239	$156,860	$224,980	$350,980
April 2010	17,161	$156,475	$224,925	$349,905
March 2010	15,740	$156,559	$224,960	$350,940
February 2010	14,481	$155,050	$224,900	$352,000
January 2010	13,644	$154,900	$224,975	$359,950
December 2009	13,717	$156,350	$227,975	$367,250
November 2009	14,349	$159,344	$230,840	$374,358
October 2009	14,672	$160,318	$235,325	$376,225
September 2009	14,681	$164,050	$239,650	$379,725
August 2009	14,576	$164,900	$241,720	$386,540
July 2009	15,506	$163,300	$244,700	$389,950
June 2009	16,234	$164,660	$246,780	$391,989
May 2009	16,273	$164,925	$246,450	$391,175
April 2009	16,358	$162,315	$239,900	$380,900
March 2009	16,173	$159,900	$230,185	$368,920
February 2009	16,066	$159,900	$228,994	$361,462
January 2009	16,044	$161,536	$231,383	$368,245
December 2008	16,272	$164,354	$235,488	$374,008
November 2008	17,438	$167,081	$239,461	$379,584
October 2008	17,680	$169,900	$243,566	$385,347
September 2008	17,655	$170,648	$246,243	$385,924
August 2008	17,776	$172,900	$248,476	$387,321
July 2008	17,450	$173,300	$251,060	$387,684
June 2008	17,562	$173,030	$251,909	$387,903
May 2008	16,836	$174,329	$252,127	$387,903
April 2008	16,730	$173,673	$250,817	$387,442
March 2008	16,369	$171,352	$245,933	$384,255
February 2008	15,556	$169,996	$242,475	$380,797
January 2008	15,031	$171,050	$243,768	$381,040
December 2007	15,252	$169,918	$242,422	$379,308
November 2007	15,242	$169,253	$242,821	$379,184
October 2007	15,658	$169,900	$244,692	$382,432
September 2007	15,069	$171,887	$246,948	$383,101
August 2007	14,291	$171,700	$244,803	$383,679
July 2007	13,772	$169,918	$244,159	$386,525
June 2007	13,422	$171,368	$249,847	$387,903
May 2007	13,259	$169,625	$247,253	$387,903
April 2007	12,955	$167,392	$242,825	$386,389
March 2007	12,466	$162,671	$241,626	$380,087
February 2007	12,186	$159,924	$238,062	$378,227
January 2007	11,778	$158,265	$233,582	$378,028
December 2006	12,131	$155,716	$229,817	$371,949
November 2006	12,441	$154,950	$227,877	$373,377
October 2006	12,538	$154,670	$227,577	$370,884
September 2006	12,218	$150,400	$224,991	$365,396
August 2006	12,041	$147,557	$219,813	$359,530
July 2006	11,946	$144,960	$213,691	$348,976
June 2006	11,906	$143,425	$208,793	$340,421
May 2006	11,772	$140,440	$206,716	$339,403
April 2006	11,769	$139,266	$196,272	$330,058