December 2025 data shows the median Wake County sale price declined $15,000 to $455,000, while overall transaction volume and lending activity increased materially.
Key signals worth noting:
🔹 Pricing softened at the core
• Median pricing reflects activity in the sub-$1M market
• Nearly 90% of transactions occurred in the core segment
• High-dollar trades have minimal influence on median pricing
🔹 Capital is still moving
• Total December transaction volume exceeded $2.2B
• High-value and mid-market sales increased significantly month-over-month
• Large multifamily and mixed-use assets continue to trade
🔹 Lending activity rose
• Deeds of trust increased meaningfully from November
• Indicates refinancing activity and balance sheet repositioning
• Signals owners responding to rate and capital structure conditions
The takeaway is not market weakness—it’s price sensitivity paired with liquidity.
Buyers, sellers, and lenders remain active, but under tighter underwriting and valuation discipline.
For owners and operators, this environment favors strategic timing, capital planning, and lease decision discipline.
https://www.wake.gov/news/december-2025s-median-price-wake-county-real-estate-decreased-15000-455000
