Median price of Wake County real estate hit new high in November – $405,000

Source: WRAL TechWire — 

RALEIGH – Price appreciation in the Triangle’s real estate markets has been well into the double-digits for much of 2021, with median sale prices reaching new highs in November—and real estate agents aren’t expecting there to be any significant drop in pricing this winter due to an imbalance in supply and demand.

How high are prices of real estate right now?

The median price of all real estate sold in Wake County during November 2021 reached a new record high, surpassing $400,000 for the first time, according to a new analysis of real estate records conducted by the Wake County Register of Deeds.