Watch the full breakdown in my latest video:
If you are a seller in Apex, you might be looking at the latest market stats and feeling confident. After all, median prices are up 3% to $880,000, and homes are selling in less than three weeks (19 days).
But there is one statistic that is causing confusion: Inventory is up 128%.
The “Percentage” Trap: When we hear “128% increase,” it sounds massive. It sounds like buyers have endless choices and sellers are in trouble. But in real estate, percentages without context are dangerous.
Last Year: We had 32 luxury homes on the market.
This Year: We have 73.
While that is a big jump percentage-wise, 73 homes in the Apex luxury price point is not an oversupply. It is barely enough to satisfy the current demand, which is why we are still seeing a 1.6-month supply (a strong Seller’s Market).
The Warning for Sellers: Because inventory has ticked up slightly, buyers have just enough choice to be picky. We are seeing a clear trend: Homes priced correctly sell immediately. But homes priced even 5% over market value are being interpreted as “overpriced” and are sitting.
The Bottom Line: You cannot price your home based on “optimism”, hoping a buyer will overpay. You must price with strategy based on the data.
Planning a Move to NC?
Relocation is about more than just square footage; it’s about logistics. Whether you are moving for a job or looking for the perfect luxury community, you need an expert on the ground.
Let’s ensure your move supports your career and your lifestyle.
Contact Trish & the Team:
Book a consultation: darerealtygroup.com
Call/Text: (919) 564-6264
Book a call with me: calendly.com/trish-trishdare
