Market Update | August 2026

The *August 2026 Market Update* looks at real estate trends across Wake, Durham, Johnston, Orange, and Chatham counties, with new listings up more than 7% while closed sales and median sale prices declined year over year. Inventory increased to nearly 8,800 homes, months of supply reached 3.8, and showings rose only slightly despite the increase in available listings. The update also examines continued affordability challenges, the gap between current pricing and 2019 market levels, and the growing importance of strategic pricing as the market moves through a period of repricing.