Navigating the dynamic real estate landscape of the Triangle requires the latest insights. As we close out October 2025, the Raleigh luxury real estate market is sending clear signals of a significant shift. While prices remain strong, rising inventory levels are creating new opportunities for buyers and adjusting expectations for sellers. Here’s a detailed look at the current market conditions.
Key Raleigh Market Indicators: A Snapshot for October 2025
The Raleigh, North Carolina, housing market continues to demonstrate resilience and steady growth. Median prices across all price points have seen a modest 1% increase, while the luxury sector has performed even better, with prices climbing 3% year-over-year.
However, the bigger story lies in the market’s pace and inventory:
This combination of rising inventory and longer selling times indicates a clear cooling trend, transitioning from the frantic seller’s market of the past few years toward a more balanced environment that favors discerning buyers.
What This Means for Luxury Home Buyers
If you have been waiting for the right moment to purchase a luxury home in Raleigh, this is your signal. The current market conditions provide two major advantages:
A Look at Key Triangle Communities: Apex, Cary, and Holly Springs
This cooling trend isn’t isolated to Raleigh proper. Neighboring hotspots are experiencing similar shifts. Across Apex, Cary, and Holly Springs, home prices are holding stable, but the growth in available inventory is giving buyers more options and leverage than they’ve had in years. This normalization is creating healthier, more sustainable market conditions across the entire Triangle.
Expert Insights: Navigating a Shifting Market
The latest data confirms what many have been anticipating: the Raleigh housing market is becoming more balanced. While it continues to be recognized as one of the top housing markets in the U.S., the dynamics have changed. Sellers can no longer expect multiple offers within hours. Instead, strategic pricing, impeccable home presentation, and patience are key.
For buyers, this is a prime window of opportunity. With more homes to choose from and less competition, you can take the time to find the perfect property that meets your exacting standards.
Planning a Move to the Raleigh Area?
Whether you’re buying or selling in this evolving market, expert guidance is more critical than ever. Understanding the nuances of each neighborhood and having a skilled negotiator on your side can make all the difference.
If you’re considering a move to Raleigh or its surrounding communities, our team is here to help you navigate the market with confidence.
Get in touch with the experts at Dare Realty Group:
The Raleigh luxury housing market continues to show signs of adjustment as inventory grows and market conditions begin to balance out. While prices remain relatively stable across most Triangle areas, longer days on the market and rising supply indicate a shift from the rapid pace of previous years. Buyers now have more leverage, particularly in higher-end price points where competition has eased.
Apex’s luxury market is still performing well despite slight year-over-year declines. The median price for luxury homes sits at $890,000, down 2.7% from last year. Homes spend an average of 18 days on the market, reflecting healthy demand. With 2.8 months of supply and 100 active listings—a 61% increase—Apex remains a seller’s market. The higher-end segment is adjusting but not facing oversupply, maintaining solid conditions for both buyers and sellers.
In Cary, luxury homes show strong price stability. The median price is $899,000, showing only a 0.3% increase from last year. Homes now average 29 days on the market, nearly doubling from 2024. Inventory climbed 49%, reaching 121 active listings and four months of supply. These trends suggest a more balanced market where pricing strategy and home presentation play critical roles in achieving quicker sales.
Holly Springs stands out as the Triangle’s most active high-end market. Luxury homes have a median price of $852,000, up 0.8% from last year. Despite increasing supply—46 active listings, up 35%—homes spend an average of only four days on the market. With 2.1 months of supply, this area remains a strong seller’s market, supported by steady demand and quick turnover.
Raleigh’s luxury segment is showing a clear cooling trend. The median price is $1,028,000, up 3% from last year, but homes now stay on the market for 46 days, a sharp 200% increase. Supply has grown to six months, marking a shift toward a buyer’s market. With 433 luxury listings, up 12%, buyers now have more choices and stronger negotiating power.
The October Raleigh luxury market update highlights a gradual shift toward balance. While prices remain resilient, higher inventory levels and longer selling times reflect a cooling trend typical of fall markets. Buyers can expect more flexibility, while sellers should prepare strategically to stay competitive in this evolving environment.
