TRIANGLE REAL ESTATE JOURNAL
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Meet Ryan and Stephanie
Welcome to your ultimate guides to real estate in Pittsboro, NC! We're Stephanie and Ryan, your trusted Pittsboro real estate agents. What sets us apart? A unique blend of local knowledge, psychological insight, and a tech-savvy approach that streamlines your home-buying or selling journey.
What Our People Say!
From the beginning to the closure of our journey in finding and purchasing our new home, we were more than pleased with the care, effort and support Ryan and Stephanie extended to us. It always felt like we had family by our side that was looking out for our best interest. We cannot thank them enough and am so glad they were our realtors. I strongly recommend this knowledgeable, attentive, skilled, and thoughtful team for your real estate negotiations.
Robert Queen
If you are looking for a professional and personable real estate team, I highly recommend Triangle Real Estate Journal. Ryan and Stephanie went beyond our expectations to help find our dream home and were there each step through the process looking out for our best interests. Their knowledge and experience made our home purchasing experience enjoyable and easy. They kept us informed and were always available to assist. This team is truly amazing and the very best realtors!
Debbie Queen
Triangle NC Real Estate Blog
Explore Chatham County Real Estate Trends Using Our Market Snapshot Tool
Explore Chatham County Real Estate Trends Using Our Market Snapshot Tool
Understanding Chatham County Real Estate Trends and Market Snapshot Tool Chatham County’s real estate market is always evolving, and staying on top of these trends canmake a big difference for buyers and sellers. Recently, the market data showed that the busiest period this year was from April through July, with both average sold prices and the number of homes sold peaking during these months. This aligns with the typical trend of spring being the most active season for real estate, as families look to settle in before the school year starts. As we moved into late summer and early fall, we noticed a slight cooling in both prices and sales numbers—typical for the season. This period presents a great opportunity for buyers to negotiate better terms, as fewer buyers are in the market, and sellers may be more flexible. Explore Market Trends in Your Area with Our Tool If you're curious about the trends in Chatham County or even a specific neighborhood, our Market Snapshot Tool can help. You can easily explore key real estate metrics like average sold prices, inventory levels, and more. Whether you're a buyer, seller, or just interested in market trends, our tool can provide valuable insights. Visit our market snapshot tool here to explore what's happening in your area. It's a great way to get localized data that can help you make informed decisions, whether you’re thinking about buying, selling, or just keeping an eye on the market. Final Thoughts For Chatham County home sellers, Spring may bring the most competition, but Fall can still be an excellent time to sell with less stress. Buyers can use this quieter period to explore the market and find opportunities. Ready to get started? Reach out to us or use our Market Snapshot Tool to dive into the data today! Explore Market Trends Contact Us
MOREMid-Year Surge or Slump? Unveiling 2024 Chatham County Real Estate Trends!
Mid-Year Surge or Slump? Unveiling 2024 Chatham County Real Estate Trends!
As we reach the midpoint of 2024, it’s time to take a broad look at the real estate market trends in Chatham County, NC. The real estate market in Chatham County has seen significant changes over the past year, and understanding these shifts is crucial for anyone looking to buy or sell a home in the area. By comparing year-to-date (YTD) data from 2023 to 2024 and taking a closer look at the most recent monthly figures from June 2024, we can get a comprehensive view of the current market dynamics. Whether you're a potential homebuyer or a homeowner considering selling, this update will provide valuable insights into the Chatham County real estate market and help you make informed decisions. The Big Picture: Year-to-Date Trends Closed Sales: 2024 (YTD): 544 2023 (YTD): 645 Change: Decrease of 15.7% Insight: The market has seen fewer transactions this year, indicating a slowdown in the Chatham County real estate market. New Listings: 2024 (YTD): 754 2023 (YTD): 698 Change: Increase of 8% Insight: More homeowners are putting their properties up for sale despite the decrease in closed sales, indicating a healthy level of activity in the Chatham County real estate market. Median Sales Price: 2024: $630,000 2023: $600,000 Change: Increase of 5% Insight: Home values continue to rise, benefiting sellers and reflecting a strong Chatham County real estate market. Median Sold Price per Square Foot: 2024: $258 2023: $242 Change: Increase of 6.8% Insight: Buyers are paying more per square foot, showing robust demand in the Chatham County real estate market. Median Days on Market: 2024: 17 days 2023: 19 days Change: Decrease of 10.5% Insight: Homes are selling faster, indicating strong buyer interest in the Chatham County real estate market. List Price Received: 2024: 99.4% 2023: 99.6% Change: Slight decrease of 0.2% Insight: Sellers are getting close to their asking prices, maintaining confidence in the Chatham County real estate market. A Closer Look: Comparing June 2024 to May 2024 and June 2023 Let's zoom in on the monthly data to see how the Chatham County real estate market has been performing recently, specifically comparing June 2024 figures to May 2024 and June 2023. Metric June 2024 Change from May 2024 Change from June 2023 Median Sales Price $590,000 Decrease of 8.2% Decrease of 9.2% Closed Sales 95 Decrease of 26.4% Decrease of 25.2% New Listings 91 Decrease of 41.7% Decrease of 31.1% Active Inventory 235 Decrease of 5.2% Decrease of 16.7% Median Sold $/SqFt $256 Decrease of 3.8% Increase of 0.4% Median Days on Market 10 days Decrease of 23.1% Decrease of 25.2% List Price Received 99.8% Increase of 0.3% Decrease of 0.6% Months Supply of Inventory 2.5 months Increase of 28.7% Increase of 13.4% What Does This Mean for You? For Buyers: Opportunities with Recent Price Drops: The recent decreases in median sales price and price per square foot could offer good opportunities for buyers in the Chatham County real estate market. Act Quickly: With homes selling faster than last year, be prepared to act swiftly when you find the right property in the Chatham County real estate market. Tighter Inventory: Limited choices due to fewer new listings mean you should work closely with a realtor to find the best options available in the Chatham County real estate market. For Sellers: Strong Home Values: Despite recent price drops, overall home values have increased year-over-year in the Chatham County real estate market. Quick Sales: Homes are selling quickly, so ensure your property is well-prepared to attract buyers immediately in the Chatham County real estate market. High List Price Reception: Sellers are achieving near their asking prices, showing that competitive pricing can lead to successful sales in the Chatham County real estate market. The Takeaway The Chatham County real estate market is showing signs of cooling down with decreases in median sales prices, closed sales, and new listings. However, home values and demand remain robust. Understanding these trends can help you navigate the Chatham County real estate market more effectively, whether you’re looking to buy or sell. Learn more about Chatham County real estate. For more detailed insights or personalized advice, feel free to reach out to us. We're here to help you make the best decisions in this dynamic market. Ryan and Stephanie 919-724-7010. ford at trianglerealestatejournal.com
MOREDiscover the Perfect Retreat in Carolina Trace, Sanford
Discover the Perfect Retreat in Carolina Trace, Sanford
Are you looking for the ideal location to build your dream home? Look no further than 1976 Wedgewood Drive in Sanford, North Carolina. This stunning 0.63-acre lot is nestled in the Golf East neighborhood of the vibrant Carolina Trace community. With a listing price of $45,000, this property offers the opportunity to create your perfect retreat in a serene and picturesque setting.Situated in a cul-de-sac, this lot provides the privacy and tranquility you desire. Surrounded by a mix of beautiful hardwoods and pines, you'll be able to enjoy the natural beauty of the area every day. Imagine waking up to the sound of chirping birds and the gentle rustling of leaves outside your window.The Carolina Trace Country Club, golf course, pool, tennis courts, and clubhouse are just minutes away, inviting you to indulge in resort-style living. Spend your weekends perfecting your golf swing, taking a refreshing dip in the pool, or challenging friends to a game of tennis. The community offers an array of amenities that cater to your active lifestyle.If you're a nature enthusiast, you'll love the recreational opportunities on Lake Trace. This lake is exclusively for non-gasoline powered boats, making it the ideal spot for kayaking, canoeing, or simply enjoying the serene views. Embrace the calming waters and let all your worries drift away as you immerse yourself in the tranquil surroundings.Beyond the Carolina Trace community, Sanford offers a charming downtown area, scenic parks, and a growing arts scene. Explore the local shops, dine at unique restaurants, and immerse yourself in the vibrant culture. Sanford's small-town charm coupled with its convenient location make it the perfect place to call home.With this listing, you have the freedom to bring your own builder and design the home you've always envisioned. Whether you prefer a cozy cottage or a spacious estate, the possibilities are endless. Create a space that reflects your style and provides the ultimate retreat from the hustle and bustle of everyday life.Don't miss out on this incredible opportunity to build your dream home in the heart of Sanford. The natural beauty, resort-style amenities, and small-town charm make Carolina Trace the perfect place to settle down and enjoy a fulfilling lifestyle. Discover the tranquility and serenity that await you at 1976 Wedgewood Drive; your dream home is just waiting to be built.
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