The Raleigh luxury real estate market sees a mix of steady prices, increasing inventory, and shifting buyer behavior. While homes are still moving quickly in certain areas, it’s clear that buyers are becoming more selective, and sellers need to be strategic. Here’s a closer look at what’s happening in four key cities: Raleigh, Cary, Apex, and Holly Springs.
Raleigh’s luxury market remains one of the steadiest in the region. The median sales price sits at $1,017,500—holding steady from last year, though slightly lower than the previous month’s $1.15 million. Homes are spending an average of 20 days on the market, which is a big increase from last year, but an improvement from last month’s 39 days. With 353 active listings and 3.4 months of inventory, Raleigh offers more options for buyers. Notably, it’s the only city that saw an increase in closed sales year-over-year, with 104 sales—up 18%.
Cary saw a median sales price of $987,500, up nearly 10% from last year but slightly down from last month. The price shift may reflect either an adjustment to meet buyer expectations or a wider range of price points on the market. Homes spent about 5 days on the market—still quick for a luxury area. Inventory is growing, with 90 active listings and 2.5 months of supply. However, closed sales dropped 34.5%, with only 36 homes sold, suggesting buyers are taking more time to decide.
Apex experienced a sharp 12% jump in median sales price from last month, reaching $1,005,000. Homes here are moving quickly, averaging just 5 days on the market. However, active listings are down 34.5%, while months of inventory doubled to 2.5. Closed sales dropped by 34%, indicating that buyers may be more cautious or sellers are getting smarter with pricing strategies.
Holly Springs posted a median sales price of $840,000—slightly up from last year, reflecting stable pricing. Homes are moving fast, with just 3 days on market. Inventory rose to 30 active listings, and supply reached 1.8 months. With 17 closed sales, down slightly from last month, the area continues to attract buyers, likely due to its more affordable luxury pricing.
More inventory and fewer closed sales define this month’s trend, but homes are still moving quickly in competitive markets. Sellers need to price strategically, and buyers should be prepared with strong offers—especially in popular areas like Raleigh.
Bridgewater home, Holly Springs
Nestled in the heart of Holly Springs, Bridgewater offers a lifestyle that blends convenience, comfort, and community. With its prime location, modern amenities, and access to nature, Bridgewater provides residents with everything they need to enjoy a well-rounded lifestyle.
One of the standout features of living in Bridgewater is its ideal location. The neighborhood is just minutes away from downtown Holly Springs, where you can explore a variety of restaurants, shops, and entertainment options. For those who need to commute or travel frequently, Highway 540 is nearby, providing quick access to the Research Triangle Park (RTP), Raleigh-Durham International Airport, and other parts of the Raleigh metropolitan area.
Bridgewater’s location also puts residents close to the Holly Springs Town Center, offering a mix of shopping, dining, and services. Whether running errands or enjoying a night out, everything you need is just a short drive away.
Nature lovers and active residents will appreciate the abundant outdoor recreation opportunities in and around Bridgewater. Ting Park, one of Holly Springs’ premier recreational facilities, is nearby. It features soccer fields, pickleball courts, and walking trails, making staying active and enjoying the outdoors easy.
The neighborhood offers several amenities, including a community pool and greenways connecting to other local parks. These features create a sense of community while providing convenient options for outdoor activities. Whether you’re looking to cool off on a summer day or stroll through nature, Bridgewater has something for everyone.
Living in Bridgewater means becoming part of a friendly and welcoming community. The neighborhood’s thoughtfully designed layout and common spaces encourage residents to connect. Whether through neighborhood events or simply meeting neighbors at the pool, Bridgewater fosters a sense of belonging.
Bridgewater in Holly Springs offers an unbeatable combination of convenience, outdoor recreation, and community spirit. With easy access to shopping, dining, major highways, and beautiful green spaces and amenities, it’s no wonder many families are choosing to call Bridgewater home. If you’re looking for a vibrant community with everything you need close by, Bridgewater is the perfect place to settle down.
The Raleigh luxury real estate market continues to evolve, with price trends and inventory shifts shaping the buying and selling experience. While home prices remain strong, market conditions vary by location. Whether you’re searching for Raleigh luxury homes for sale or looking to buy in other top areas, here’s what you need to know.
Apex has seen steady growth, making it a sought-after area for luxury buyers. The median home price now is $886,000, reflecting a 6% increase from last year. This appreciation highlights the strong demand for high-end homes in the area.
Homes in Apex are staying on the market longer, with an average of 15 days—a 2,900% increase compared to a year ago. However, this rise is due to the previous ultra-fast market, where homes sold within hours. Even with this change, the luxury market remains competitive. Inventory is also improving, with 53 active listings (up 29%) and 2.0 months of supply (up 24.5%), offering buyers more choices.
The market for luxury homes in Cary, NC, is still favoring sellers, with limited inventory and high demand. The median sales price has climbed to $1,160,000, marking a 13% increase over the past year.
Homes in Cary are selling quickly, spending an average of just 3 days on the market—a 57% decrease from last year. This means buyers must move fast when they find a property they love. With only 57 active listings (down 23%) and 2.4 months of inventory (down 26%), competition remains high, reinforcing the area’s desirability.
Holly Springs leads in price growth, making it an attractive area for buyers seeking appreciating property values. The median home price has jumped to $815,000, a 28% increase from last year.
Homes are selling steadily, averaging 19 days on the market, which is 26% faster than before. The number of active listings has risen to 27 (up 28%), and inventory has grown to 3.9 months—a 175% increase. While this signals a shift toward a more balanced market, competition is still strong due to the relatively low number of listings.
The Raleigh luxury homes market remains dynamic, with prices continuing to climb. The median sales price now stands at $1,150,000, reflecting a 4.5% increase over the past year.
Homes are staying on the market longer, with an average of 39 days, up 116% from last year. This suggests buyers are taking more time to make decisions, especially at higher prices. Inventory has dipped slightly, with 346 active listings (down 2.7%), and the supply of homes has decreased to 4.5 months (down 28.1%).
Luxury home prices are rising, and while inventory is improving in some areas, competition remains strong. Timing is key if you’re looking for Raleigh luxury homes for sale, especially in markets like Cary, where homes move quickly. For buyers, patience and preparation are essential, while sellers can still take advantage of high demand in key areas.
No matter where you’re looking, understanding these trends will help you make informed decisions in this evolving market.
Apex, North Carolina, is known as the “Peak of Good Living”—a charming suburb of Raleigh that consistently ranks among the best places to live in the U.S. With a strong community, excellent schools, and proximity to major job hubs, it’s easy to see why so many people are moving here. However, like any town, it has its drawbacks. If you’re considering a move to Apex, here’s a closer look at the pros and cons.
Apex is just 20 minutes south of Raleigh, making it convenient for commuters. It’s also near Research Triangle Park (RTP), home to over 200 companies in the tech and pharmaceutical industries. The town offers easy access to major highways, simplifying travel around the Triangle area. Plus, Apex is only a two-hour drive from the beach and about three hours from the mountains, providing plenty of opportunities for weekend getaways.
Apex has been recognized for its outstanding quality of life, including being ranked the #1 place to live in America by Money Magazine in 2025. The town has a welcoming, family-friendly atmosphere and a vibrant downtown featuring local shops, restaurants, and seasonal festivals. Residents enjoy a variety of community events, including a farmers market, Christmas and 4th of July parades, and the annual Halloween festival on Salem Street.
Healthcare is an essential factor for anyone moving to a new area. In Apex, residents have access to some of the best healthcare facilities in North Carolina, including UNC Health, Duke Health, and WakeMed. These major hospital systems offer top-tier medical care within a short drive.
Families with children will appreciate Apex’s highly ranked schools. The area offers excellent educational opportunities, with arts, sports, and STEM programs. Additionally, three of North Carolina’s top universities—Duke University, NC State, and UNC Chapel Hill—are all within a short drive, providing great options for higher education.
Apex is an excellent place for outdoor enthusiasts. Hunter Street Park, a 12-acre park near downtown, offers multi-use recreational fields and a skate park. Plans are also underway for a mountain bike skills course. While the town doesn’t have its own golf course community, excellent golf courses are nearby.
Apex doesn’t have any golf course communities or gated neighborhoods. Those looking for this type of housing may need to explore nearby towns like Holly Springs, Cary, or Chapel Hill.
Apex has a small-town feel, which means limited options for shopping and nightlife. You’ll need to drive to Raleigh if you’re looking for a vibrant nightlife scene or a central shopping district.
As a rapidly growing town, Apex has seen an increase in traffic. The town is working on infrastructure improvements, but congestion can still be an issue, especially during peak hours.
Apex is a beautiful place in the spring, but it comes with a seasonal downside—pollen. Known as “yellow snow,” the pollen season lasts a few weeks and can be difficult for allergy sufferers. However, the lush greenery and scenic beauty make up for it.
Apex, NC, offers a high quality of life with its excellent schools, safe neighborhoods, and strong community feel. Its location near Raleigh and RTP makes it an attractive option for professionals and families. While it does have some downsides, such as limited nightlife and seasonal pollen, many residents find that the benefits far outweigh the drawbacks. If you’re looking for a charming, family-friendly town with great amenities, Apex may be the perfect place for you.
The Raleigh real estate market continues to evolve, with key insights from December 2024 pointing to interesting regional shifts. From rising home prices to changes in inventory levels, buyers and sellers should pay attention to the latest trends. Here’s a breakdown of market activity in Raleigh, Cary, Apex, and Holly Springs, plus expert predictions for 2025.
Raleigh remains a competitive real estate market, with home prices rising. The median sales price reached $475,000, marking a 10.8% increase from last year. However, homes are taking longer to sell, with a median of 24 days on the market—up 14%.
Inventory levels have also shifted, with 1,207 active listings in December 2024, up 15% from the previous year. Despite increased available homes, Raleigh is still in a seller’s market, with just 2.4 months of inventory.
Cary remains a top choice for families moving to the Raleigh area, thanks to its excellent schools and family-friendly neighborhoods. The median home price in Cary is now $605,000, reflecting a 5% increase from last year.
However, homes are taking significantly longer to sell, with an average of 23 days on the market—a 155% increase. Inventory remains tight, with only 159 active listings, down nearly 2% from the previous year. With just 1.3 months of supply, the market remains highly competitive for buyers.
Apex is a desirable market, with a median sales price of $576,000—up 10% from last year. While homes are selling slightly slower, with an average of 25 days on the market, demand remains strong.
Active listings increased by 10% to 73 homes in December, yet inventory levels remain tight at just 1.3 months. Despite an increase in supply, the available homes are still insufficient to meet buyer demand, keeping Apex a competitive market.
Historically a more affordable alternative to Cary and Apex, Holly Springs is seeing price trends shift. The median sales price is now $624,000, slightly down by 1% from December 2023.
New construction and business growth may influence this shift, attracting more buyers to the area. Homes are sitting on the market for an average of 27 days, and inventory levels are slowly increasing, with 74 active listings and 1.3 months of supply.
The Raleigh luxury market is expanding, with the median sales price for high-end homes reaching $1,013,000—a 1.3% increase. Inventory has risen slightly, with 335 active listings, while the days on the market have dropped to 21, showing strong demand in this segment.
New construction continues to drive growth, with three months of inventory available, creating opportunities for buyers looking at high-end homes.
According to Lawrence Yun, Chief Economist at the National Association of Realtors, home prices across the U.S. are expected to rise moderately in 2025. In North Carolina, 5-10% price increases are projected, with interest rates stabilizing between 6-6.5%.
While inventory levels may improve slightly, they will remain low, making it challenging for buyers. With strong demand and sellers hesitant to list, the Raleigh market is expected to stay competitive.
The Raleigh real estate market remains strong, with rising home prices and demand steady. While buyers may face limited inventory, stabilizing interest rates could create new opportunities. Whether buying or selling, staying informed on market trends will help you make the best decisions in 2025.
Living in Sunset Ridge South in Holly Springs, NC
Sunset Ridge South is a well-established neighborhood in Holly Springs, located in the southern part of Wake County. Known for its custom-built homes and mature landscaping, this community offers a blend of elegance and comfort. With top-notch amenities and a welcoming atmosphere, it’s no surprise that homes in Sunset Ridge South are highly sought after.
Sunset Ridge is one of the original neighborhoods in Wake County, featuring unique, custom-built homes that set it apart from newer developments. The community’s mature landscaping adds charm, creating a peaceful and picturesque setting for residents.
One of Sunset Ridge South’s standout features is the Devils Ridge Golf Club, located within the neighborhood. While membership is optional, most homeowners take advantage of the club’s benefits. Many residents even use golf carts to get around, making traveling fun and convenient within the community. Additionally, tennis and pool memberships are available, providing more ways for residents to stay active and socialize.
Families in Sunset Ridge South also appreciate the proximity to schools. Many children walk or bike to school, adding to the neighborhood’s friendly and connected feel.
Built in 1993, this beautiful home in Sunset Ridge that I recently sold has been updated to enhance its charm and functionality. Large windows allow natural light to flood the space, creating a bright and airy feel throughout. Recent updates include newly refinished hardwood floors, fresh interior and exterior paint, and a roof that is only two years old. The masonite siding has also been replaced, ensuring the home is well-maintained and move-in ready.
The hardwood floors continue upstairs, leading to spacious secondary bedrooms and a newly remodeled bathroom. The master suite is a luxurious retreat with an updated bathroom featuring all-new tile. A large laundry room connects to a versatile bonus room, which can be used as a home office, gym, or playroom.
Sunset Ridge South offers the perfect blend of comfort, convenience, and community. With beautiful homes, fantastic amenities, and a prime location in Holly Springs, it’s easy to see why so many people love living here. This updated home is a gem, offering modern touches and timeless charm. If you’re looking for a home in Sunset Ridge, you won’t want to miss this one!
Holly Springs, NC, is a rapidly growing town that blends a thriving local economy with small-town charm. It is conveniently located near Raleigh, RTP, and major highways and has become an attractive destination for families and professionals. As the town expands, understanding the cost of living in Holly Springs is essential for anyone considering a move. This guide explores housing, everyday costs, and how the town compares to other cities.
Its booming housing market significantly influences the cost of living in Holly Springs. The median home price is $635,000, reflecting a 12% year-over-year increase. Resale homes are more affordable, starting around $400,000, offering options for various budgets. For renters, costs average $2,000 per month, with most single-family homes and townhomes ranging between $1,800 and $2,200.
As tech companies and high-paying jobs continue to move into the area, housing prices are expected to climb further. This upward trend highlights Holly Springs as a hub for professionals seeking quality homes near major employment centers.
Everyday costs in Holly Springs, NC, align with the national average. Groceries, fuel, and entertainment are generally comparable to costs in other towns across the U.S. Utilities for most homes include gas and electric, with winter heating costs varying slightly for gas-heated homes. Air conditioning and heating expenses remain manageable year-round, reflecting moderate utility costs for residents.
Although housing prices in Holly Springs are higher than in some nearby towns, they are much more affordable than larger cities. For example, Miami has a 19% higher cost of living and 54% higher housing costs. San Francisco is even more expensive, with a 70% higher cost of living and housing prices 182% higher. Holly Springs offers a balanced alternative, combining affordability with accessibility to employment hubs like Raleigh.
Property taxes also contribute to the overall cost of living in Holly Springs, with the average annual tax for a $635,000 home being $5,400. State income taxes, set to decrease to 4% in 2025, add further financial relief for residents.
Holly Springs benefits from a robust local economy, supported by high-paying jobs, particularly in the tech sector. The median household income is $128,000, well above the national average. This economic strength ensures that residents enjoy both earning potential and opportunities for growth while balancing the town’s higher housing costs.
The cost of living in Holly Springs, NC, reflects its status as a growing and prosperous community. While housing prices are higher than average, they remain competitive compared to major cities. Everyday costs are manageable, and the thriving local economy supports a high quality of life. For those seeking a mix of modern amenities and small-town charm, Holly Springs offers an excellent balance of affordability and opportunity.
