If you have been waiting for the Triangle real estate market to take a breath, the data from November 2025 suggests that moment has arrived.

While the market remains undeniably strong, we are seeing a distinct shift away from the frantic pace of previous years toward a healthier, more sustainable balance. Let’s dive into the numbers from the Triangle MLS, covering the core 16 counties including Wake, Durham, Johnston, Orange, and Franklin.

The November 2025 Snapshot

The November numbers tell a story of a market that is active, but rational. Here is how the month shook out:

  • Total Sales: 2,557 homes sold across the Triangle.
  • Average Sales Price: $501,988.
  • Median Sales Price: $416,000.

 

The Pace of the Market

One of the most telling statistics this month is the Days on Market (DOM).

  • Average DOM: 30 days.
  • Median DOM: 8 days.

The Insight: The gap between the average (30) and the median (8) is crucial. It tells us that while some properties are lingering, well-priced and well-prepared homes are still moving incredibly fast—often in just over a week.

 

Year-to-Date: 2024 vs. 2025

To understand where we are going, we have to look at where we have been. Comparing the first 11 months of 2024 to the same period in 2025 reveals some interesting trends.

The Headline: Volume is up, but patience is required.

Metric Jan 1 – Nov 30, 2024 Jan 1 – Nov 30, 2025 The Trend
Total Homes Sold 32,121 33,304 UP (More Activity)
Average Sales Price $495,889 $499,945 UP (Modest Growth)
Median Sales Price $410,000 $410,000 FLAT (Stable)
Average Days on Market 20 Days 28 Days SLOWER
Median Days on Market 5 Days 6 Days STEADY

 

What the YTD Numbers Tell Us

Despite higher interest rates or economic chatter, more homes sold in 2025 than in 2024. The demand is there. However, the increase in Average Days on Market (from 20 to 28 days) indicates that buyers are becoming more selective. They are taking their time, weighing their options, and refusing to rush into the wrong deal.

 

The “So What?” for Agents, Buyers, and Sellers

Data is only useful if we know how to apply it. Here is what this shift toward balance means for the players in our market:

  1. For Sellers: Pricing is Precision Work

The days of putting a sign in the yard and expecting a bidding war by noon are largely behind us. With the median price flattening out and days on market ticking up, pricing strategy and home presentation matter more than ever.

  • Homes that are turnkey and priced correctly are still selling in that 8-day median window.
  • Homes that are overpriced or poorly presented are driving that average up to 30+ days.
  1. For Buyers: The Return of Negotiation

The increase in days on market is good news for buyers. It means the “frenzy” has cooled. While you still need to move quickly on hot properties, you may finally have the breathing room to perform due diligence and negotiate terms without feeling like you are under the gun.

  1. For the Market Overall

We are seeing modest price growth on the average, but stability at the median. This suggests a healthy mix of inventory is moving—from entry-level homes to luxury estates.

The Bottom Line

The Triangle market in 2025 is resilient. We are seeing higher sales volume and steady prices, but the frantic energy is being replaced by a more normalized pace. This is a healthier environment for everyone involved, but it requires skill and strategy to navigate successfully.