Top Large Teams in Raleigh, North Carolina – Ranked by Sides

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Rank – City SidesTeam NameCompanyLocationSidesProfile
5ChappellCompassRaleigh, NC 244.0View Profile
9Ashley Wilson Realty GroupKeller WilliamsRaleigh, NC 155.0View Profile
13Gunter GroupCompassRaleigh, NC 82.0View Profile

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2023 Raleigh, North Carolina Housing Market Summary

Raleigh, North Carolina started 2023 with a total of 687 single-family homes on the market, with a median home price of $479,040 and an average price per square foot of $269. By the end of the year, inventory had decreased to 640 homes on the market (-6%), with a median home price of $589,049 (+22%) and an average price per square foot of $319 (+18%).

At the start of 2023, the median days on market (DOM) was 70 days – by the end of the year, median DOM had decreased to 63 days.

Raleigh started the year with 48% of homes taking a price cut (for reference, 35% is the national average for price reductions in a ‘normal’ year.) By the end of the year, about 38% of Raleigh homes for sale had taken a price cut.

Finally, Altos’ proprietary Market Action Index (MAI) shows that Raleigh started 2023 as a seller’s market, with an MAI score of 35; by the end of the year, the MAI had dropped to 32 – a balanced buyer and seller’s market.

This market summary is powered by Altos Research – click here to run a free report for your area.

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Continued downward trend in agent mobility reflects ongoing challenges in real estate market 

Nov 29, 2024By

Key observations from October • Continued decline in agent movement:   The seasonally adjusted AMI metric for October dropped to 86.2, marking another decrease in agent mobility and continuing the downward trend observed in recent months.  • Factors influencing decline  The Presidential election and the implementation of the National Association of Realtors (NAR) settlement appear to have significantly impacted agents’ […]