📊 North Carolina Real Estate Trends • June 2025

🔔 Overview: A Balanced Market Rich with Opportunity

North Carolina’s housing market is currently navigating a particularly balanced phase: mortgage rates are hovering near the 7% mark, which is a significant point of discussion and consideration for both buyers and realtors. Additionally, inventory is up ~20–25% YoY across the state, marking a substantial increase that is reshaping market dynamics and opportunities.

• Existing home sales experienced a rise of 0.8% in May. However, this uptick still leaves overall sales figures near 2009’s historical lows; despite this, median prices of homes have climbed to $422,800, indicating a significant valuation within the current market climate, and homes are spending an average of roughly 27 days on the market, indicating a moderate turnover rate reuters.com.

• Builder sentiment has notably dropped to a 2½-year low, which is cause for close monitoring and analysis. As a result, approximately 37% of builders are reducing prices to invigorate sales and stimulate movement within the market amidst softer demand, which has been a challenge across the board.

• In the Triangle region, listings have surged dramatically by approximately 30%. This increase has eased the pressure on inventory levels, enabling more buyer options—yet, pending activity remains robust and strong, signaling ongoing buyer interest and active market engagement.

🔎 Why This Matters to REALTORS® & Homebuyers

• For agents: With the current conditions, listings are becoming less constrained, effectively allowing for more negotiation flexibility and strategic maneuvers.

• For buyers: Given that mortgage rates are elevated, sitting comfortably in the 6–7% range, securing the best possible financing arrangements along with conducting proactive and thorough inspections is absolutely crucial in facilitating informed and beneficial buying decisions.

• For FPI: Our comprehensive inspection services stand out as they ensure both buyers and agents can proceed with unmatched confidence, systematically reducing surprises and enhancing overall stability and success of the deals.

🚩 Spotlight: Raleigh & the Triangle

• Average home value: Approximately $448,206. This figure reflects a decrease of about 1.9% YoY, yet the spiking pending sales numbers suggest a fast-paced, dynamic submarket that continues to attract substantial interest and activity.

• Inventory increased by about 30% across Wake, Durham, Orange, Johnston & Chatham counties. This increase in inventory is significant, as it provides more options for potential buyers, while the median days to pending remain remarkably low, at roughly 7–13 days, indicating quick transitions and limited time on the market.

• Local sentiment in the Raleigh area shows a marked difference when compared to broader national norms: even Zillow economists who are navigating multiple offers in Raleigh emphasize the critical importance of on-the-ground intelligence and insights—which is precisely what FPI provides through our meticulously targeted inspections businessinsider.com.

🛠️ How FPI Home Inspections Fuel Deal Confidence

💡 Agent & Buyer Insights: Inspection Power in Practice

1. Pre-offer inspections in fast markets like Raleigh give buyers a significant competitive advantage—strengthening their positions and clarifying offers, which are essential in today’s fast-paced environment.

2. Appraisal-friendly documentation: Our thoroughly documented inspections play a crucial role by directly supporting loan originations and significantly reducing unexpected surprises, ensuring smoother transactions.

3. Preparation for negotiation: Insight into a home’s overall condition equips agents with the necessary information to achieve fair market pricing—even when builders begin offering various incentives and adjustments to attract potential buyers.

🎉 FPI Perspective: We’re Primed for This Market

Yes, the HIGH mortgage rates alongside shifting builder sentiment can pose formidable challenges. But at FPI, we are deeply energized:

• Our team specializes in delivering rapid turnaround times, comprehensive in-depth reports, and offers free consultation support tailored for agents, setting us apart in the industry.

• We are committed to providing clients with clear, actionable data—transforming uncertainty into newfound confidence and assurance.

• Our inspections are designed to help accelerate deals, minimize renegotiations, and enhance buyer satisfaction across North Carolina’s diverse and multi-faceted markets.

🗣️ Call to Action

📞 REALTORS®: If you’re looking to elevate your listings and protect offers from unexpected surprises, your next step is clear. 👥 Buyers: Are you seeking assurance and reliability before you commit?

Partner with FPI — where unmatched inspection quality combined with local market insights ensures deal success in every environment.