The Wake County Register of Deeds recently released its November real estate report, which showcased predictable seasonal cycles. Last month reflected a familiar slowdown in real estate activity—consistent with past years due to the typical moderate fall season—but pricing remained resilient. Transaction volumes eased across all segments, lending activity cooled, and overall dollar volume declined month over month. Still, the median sales price edged upward, reinforcing the theme of a quiet month with steady prices. Here, we dig further into the latest trends.
Median Sales Price
The median sales price for Wake County real estate rose to $470,000 in November 2025, an increase of $5,000 from October’s median of $465,000. The modest gain underscored the continued strength of pricing across the county, with median price movement driven almost entirely by activity in the core market, which accounted for approximately 90% of all transactions.
Transaction Activity
Total real estate activity declined in November, with 2,501 total transactions, representing a decrease from 2,934 in October. Meanwhile, total sales value across all segments reached just under $1.2 billion. In the core market (less than $1 million), there were 2,339 transactions—down 391 from October—and the total dollar volume declined 14.3% month over month. The high-value Segment ($1 million to $30 million) saw 159 transactions totaling $391.8 million, and the dollar volume declined by $101.5 million compared to October.
Lending Activity
Real estate lending activity declined in November, reflecting fewer transactions and reduced refinancing activity. There were a total of 2,821 deeds of trust recorded, down from 3,675 in October (a decrease of 854 transactions), and lending activity was up 3% compared to November of last year.
Take Advantage of the Current Market
Quiet months often create opportunities that don’t exist during peak seasons. With transaction volume down but prices holding steady, buyers may face less competition—and sellers who price strategically can still stand out. If you’re considering a move next year, we’d be happy to connect you to explore your options. Reach out to us now at Annie@HudsonResidential.com or 919-961-3277.