Wake County continues to show steady transaction volume with mixed signals across pricing, lending, and capital activity.
Pricing
- Median sales price: $470,000 +$20K MoM
- Movement primarily driven by core market (≤$1M), which represents ~89% of activity
High-End Activity ($30M+)
- 4 large transactions in April (up from 2 in March)
- Notable deals:
- Veridia East Village, Apex — $89M
- Regency Office Park, Cary — $60.2M
- Calibre Summit Square, Raleigh — $40.3M
- Garner Commerce Center — $36.3M
Overall Volume
- Total transactions: 3,193 vs. March
- Total market value: ~$1.6B
Lending
- Deeds of trust: 3,524 (down from March)
- Still +4% YoY, but showing short-term softening
- Refinancing activity remains a key driver of lending volume
CRE Takeaways
- Pricing continues to climb modestly despite mixed macro signals
- Institutional / large-asset activity remains active but selective
- Core market drives overall valuation trends in Wake County
- Lending softness may signal rate sensitivity in deal structuring
https://www.wake.gov/news/april-2026s-median-price-wake-county-real-estate-increased-20000-470000
