Market report · Q3 2026
Wake County residential, Q3 2026
This is the standing quarterly report for Wake County residential closings. The method is published before the numbers are, so that you can judge the numbers when they arrive.
Wake County, detached single-family and attached residential, closed transactions · Updated
Figures
Closed sales by submarket
Reported at submarket level rather than county level, because a county median blends markets that do not move together.
This table is wired and waiting on its first export.
Figures publish here once the Q3 2026 data set from Doorify MLS, closed residential transactions is in hand and checked. Nothing illustrative or estimated will appear in the meantime — a made-up median is worse than no median.
- Source
- Doorify MLS, closed residential transactions
- Period
- Q3 2026
- Method
- Closed transactions only. Excludes non-arms-length transfers and bulk builder closings. Submarkets defined by municipal boundary plus named subdivision groupings.
Figures
Price per square foot, by construction era
Split by era because the gap between pre-1990 and post-2010 stock is the region's most persistent structural difference.
This table is wired and waiting on its first export.
Figures publish here once the Q3 2026 data set from Doorify MLS, closed residential transactions is in hand and checked. Nothing illustrative or estimated will appear in the meantime — a made-up median is worse than no median.
- Source
- Doorify MLS, closed residential transactions
- Period
- Q3 2026
- Method
- Heated square footage as reported at listing. Eras: pre-1970, 1970–1989, 1990–2009, 2010 onward.
Figures
Days on market and sale-to-list ratio
Both figures reported together, because either one alone can be read to mean the opposite of what it means.
This table is wired and waiting on its first export.
Figures publish here once the Q3 2026 data set from Doorify MLS, closed residential transactions is in hand and checked. Nothing illustrative or estimated will appear in the meantime — a made-up median is worse than no median.
- Source
- Doorify MLS, closed residential transactions
- Period
- Q3 2026
- Method
- Cumulative days on market from original list date, including relists within 90 days. Sale-to-list measured against original list price, not the last reduction.
Why report by submarket instead of by county?
Because a Wake County median blends a 1928 bungalow inside Raleigh's beltline with a 2024 build twenty-five miles away, and the resulting number describes no house that anyone is actually buying. Submarket figures are less impressive and considerably more useful.
The submarkets in this report are defined by municipal boundary plus named subdivision groupings, so they correspond to the areas people actually search within.
Where a submarket has too few closings in a quarter to report responsibly, it is left out rather than reported with a note. A median of four sales is noise wearing a statistic's clothes.
How should these figures be read?
As context for a decision about a specific house, never as a substitute for one. Market-level figures tell you the weather; they do not tell you what any individual property is worth, and the gap between the two is where most pricing mistakes live.
Days on market and sale-to-list ratio in particular are frequently misread. A low days-on-market figure across a submarket does not mean your house will sell quickly; it means the correctly priced ones did.
Sale-to-list here is measured against the original list price rather than the final reduction, because measuring against the reduced price systematically flatters the result.
Want the figures for one specific street?
Submarket data is context. A comparable set for an actual address is a different and more useful piece of work.